GSTechnologies (LON:GST) Trading Down 8.1% – What’s Next?

GSTechnologies Ltd. (LON:GST)’s stock price traded down 8.1% during trading on Thursday . The stock traded as low as GBX 2.52 ($0.03) and last traded at GBX 2.57 ($0.03). 54,739,000 shares were traded during mid-day trading, an increase of 243% from the average session volume of 15,961,752 shares. The stock had previously closed at GBX 2.80 ($0.03).

GSTechnologies Trading Up 13.8 %

The firm has a market cap of £65.01 million, a P/E ratio of -3.35 and a beta of 0.70. The company’s fifty day moving average price is GBX 1.49 and its two-hundred day moving average price is GBX 0.97. The company has a current ratio of 3.18, a quick ratio of 4.31 and a debt-to-equity ratio of 3.39.

Insider Transactions at GSTechnologies

In other GSTechnologies news, insider Lord James Christopher Douglas Wellesley bought 335,000 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £3,350 ($4,161.49). Company 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.