GSTechnologies (LON:GST) Sets New 12-Month High – What’s Next?

Shares of GSTechnologies Ltd. (LON:GST) hit 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 trading hands. The stock had previously closed at GBX 3.30 ($0.04).

GSTechnologies Stock Up 3.7 %

The company has a debt-to-equity ratio of 3.39, a current ratio of 3.18 and a quick ratio of 4.31. The firm has a market cap of £60.26 million, a PE ratio of -3.35 and a beta of 0.70. The business has a fifty day moving average price of GBX 1.67 and a two-hundred day moving average price of GBX 1.04.

Insiders Place Their Bets

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

GSTechnologies Company Profile

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.