Getech Group (LON:GTC) Trading Up 16.9% – Should You Buy?

Getech Group plc (LON:GTC)’s stock price was up 16.9% on Monday . The stock traded as high as GBX 4 and last traded at GBX 3.80. Approximately 4,066,459 shares were traded during trading, an increase of 395% from the average session volume of 821,087 shares. The stock had previously closed at GBX 3.25.

Getech Group Stock Up 11.4%

The firm has a 50-day moving average price of GBX 3.08 and a two-hundred day moving average price of GBX 2.37. The company has a market capitalization of £6.72 million, a P/E ratio of -10.48 and a beta of 0.67. The company has a quick ratio of 3.50, a current ratio of 0.73 and a debt-to-equity ratio of 6.02.

Getech Group (LON:GTC) last issued its quarterly earnings results on Tuesday, September 22nd. The company reported GBX (0.16) earnings per share for the quarter. Getech Group had a negative net margin of 0.45% and a negative return on equity of 0.65%. Equities research analysts anticipate that Getech Group plc will post 0.2 EPS for the current fiscal year.

Insider Buying and Selling

In other Getech Group news, insider Christopher Paul Jepps sold 217,006 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of GBX 3, for a total value of £6,510.18. 11.02% of the stock is currently owned by company insiders.

Getech Group Company Profile

Getech (AIM: GTC) applies its world-leading geoscience data and unique geospatial software products to accelerate the energy transition by locating, developing and operating geoenergy and green hydrogen projects.