Tekcapital (LON:TEK) Trading 6.8% Higher – Time to Buy?

Tekcapital plc (LON:TEKGet Free Report)’s share price shot up 6.8% during trading on Tuesday . The company traded as high as GBX 9.30 ($0.12) and last traded at GBX 8.92 ($0.11). 659,610 shares changed hands during trading, a decline of 27% from the average session volume of 905,320 shares. The stock had previously closed at GBX 8.35 ($0.10).

Tekcapital Stock Performance

The firm’s 50 day simple moving average is GBX 8.07 and its 200-day simple moving average is GBX 8.48. The company has a market cap of £18.13 million, a price-to-earnings ratio of 167.00 and a beta of 0.80.

Tekcapital Company Profile

(Get Free Report)

Tekcapital plc, together with its subsidiaries, provides a range of technology transfer services to universities and corporate clients in the United Kingdom and the United States. The company offers Microsalt, a micron-sized salt crystal that provide the flavor of salt with half of the sodium; and low-sodium snacks under the SaltMe! brand.

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