GS Chain (LON:GSC) Trading Down 11.5% – Here’s What Happened

Shares of GS Chain plc (LON:GSCGet Free Report) were down 11.5% on Wednesday . The stock traded as low as GBX 1.15 ($0.01) and last traded at GBX 1.15 ($0.01). Approximately 483,057 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 722,575 shares. The stock had previously closed at GBX 1.30 ($0.02).

GS Chain Price Performance

The business’s 50-day moving average price is GBX 1 and its two-hundred day moving average price is GBX 0.89.

About GS Chain

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GS Chain plc intends to identify opportunities within the technology sector to conduct the necessary due diligence and subsequently complete acquisitions that benefit its short-and long-term strategies. The company was formerly known as International Tech and Fintech plc and changed its name to GS Chain plc in July 2021.

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