GSTechnologies (LON:GST) Hits New 52-Week High – Time to Buy?

GSTechnologies Ltd. (LON:GSTGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 3.65 ($0.05) and last traded at GBX 3.30 ($0.04), with a volume of 71781383 shares changing hands. The stock had previously closed at GBX 3.30 ($0.04).

GSTechnologies Stock Performance

The firm has a market cap of £60.26 million, a price-to-earnings ratio of -3.35 and a beta of 0.70. The firm’s 50 day moving average is GBX 1.67 and its 200-day moving average is GBX 1.04. The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.31 and a current ratio of 3.18.

Insider Buying and Selling at GSTechnologies

In other news, insider Lord James Christopher Douglas Wellesley purchased 335,000 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,140.91). Corporate insiders own 20.29% of the company’s stock.

About GSTechnologies

(Get Free Report)

GSTechnologies is a global technology company listed on the Main Market of the London Stock Exchange under the ticker, GST. The group operates three core businesses across blockchain payments and financial services, forex, as well as cryptoasset exchange. The group has operations in the UK, Lithuania, Singapore, and Australia.

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