GS Chain (LON:GSC) Trading Down 0.8% – Here’s Why

GS Chain plc (LON:GSC) fell 0.8% on Monday . The company traded as low as GBX 1 ($0.01) and last traded at GBX 1 ($0.01). 755,225 shares changed hands during trading, a decline of 48% from the average session volume of 1,453,836 shares. The stock had previously closed at GBX 1.01 ($0.01).

GS Chain Price Performance

The business has a 50-day moving average of GBX 1.32 and a two-hundred day moving average of GBX 1.15. The company has a market cap of £4.33 million and a P/E ratio of -6.30.

GS Chain Company Profile

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.