Getech Group (LON:GTC) Stock Price Down 14.4% – What’s Next?

Getech Group plc (LON:GTC) shares fell 14.4% during trading on Wednesday . The company traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.84 ($0.02). 1,412,349 shares traded hands during mid-day trading, an increase of 396% from the average session volume of 284,544 shares. The stock had previously closed at GBX 2.15 ($0.03).

Getech Group Trading Down 14.4 %

The business’s 50-day moving average price is GBX 2.10 and its 200 day moving average price is GBX 2.37. The company has a market cap of £2.81 million, a P/E ratio of -36.80 and a beta of 0.88. The company has a debt-to-equity ratio of 4.05, a quick ratio of 3.50 and a current ratio of 0.83.

Insider Activity

In other news, insider Christopher Paul Jepps sold 850,000 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 220 ($2.69), for a total transaction of £1,870,000 ($2,282,993.53). Insiders own 19.71% of the company’s stock.

Getech Group Company Profile

Getech (AIM: GTC) applies its world-leading geoscience data and unique geospatial software products to accelerate the energy transition by locating, developing and operating geoenergy and green hydrogen projects.