TMT Investments (LON:TMT) Stock Price Down 2.1% – Here’s Why

TMT Investments PLC (LON:TMT) traded down 2.1% during trading on Tuesday . The company traded as low as GBX 2.74 ($0.03) and last traded at GBX 2.74 ($0.03). 2,758 shares changed hands during trading, a decline of 55% from the average session volume of 6,135 shares. The stock had previously closed at GBX 2.80 ($0.04).

TMT Investments Stock Down 2.1 %

The firm has a market cap of £86.08 million, a price-to-earnings ratio of 6.09 and a beta of 1.82. The stock’s 50 day moving average is GBX 2.95 and its 200 day moving average is GBX 3.08.

About TMT Investments

Admitted to AIM in 2010, TMT Investments Plc manages a global investment portfolio of over 50 tech companies focused primarily on Big Data/Cloud, SaaS (software-as-a-service), Mobility, and FinTech and representing net assets of US$208 million at end December 2023. The Company’s objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation.