GSTechnologies (LON:GST) Trading 3.1% Higher

GSTechnologies Ltd. (LON:GST)’s share price traded up 3.1% during trading on Friday . The stock traded as high as GBX 0.63 ($0.01) and last traded at GBX 0.60 ($0.01). 6,893,621 shares were traded during mid-day trading, a decline of 50% from the average session volume of 13,786,136 shares. The stock had previously closed at GBX 0.59 ($0.01).

GSTechnologies Price Performance

The company has a fifty day moving average price of GBX 0.67 and a two-hundred day moving average price of GBX 0.92. The company has a current ratio of 3.18, a quick ratio of 4.31 and a debt-to-equity ratio of 3.39. The company has a market cap of £13.36 million, a price-to-earnings ratio of -3.35 and a beta of 0.69.

Insider Transactions at GSTechnologies

In related news, insider Lord James Christopher Douglas Wellesley acquired 1,500,000 shares of the stock in a transaction dated Friday, August 23rd. The shares were bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £15,000 ($19,781.09). 28.00% of the stock is owned by insiders.

GSTechnologies Company Profile

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.