GSTechnologies (LON:GST) Sets New 1-Year High – What’s Next?

GSTechnologies Ltd. (LON:GSTGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 2.85 ($0.04) and last traded at GBX 2.80 ($0.04), with a volume of 75570992 shares changing hands. The stock had previously closed at GBX 2.55 ($0.03).

GSTechnologies Stock Up 9.8 %

The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.31 and a current ratio of 3.18. The firm has a market capitalization of £55.16 million, a P/E ratio of -3.35 and a beta of 0.70. The stock has a fifty day moving average price of GBX 1.32 and a two-hundred day moving average price of GBX 0.92.

Insider Buying and Selling at GSTechnologies

In other news, insider Lord James Christopher Douglas Wellesley acquired 335,000 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £3,350 ($4,203.26). 20.29% of the stock is currently owned by insiders.

GSTechnologies Company Profile

(Get Free Report)

GSTechnologies Ltd., together with its subsidiaries, provides data infrastructure, storage, and technology services worldwide. It offers structured cabling, data centers infrastructure, wireless network solution, smart security, and project management services. In addition, the company engages in the blockchain business.

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