Made Tech Group (LON:MTEC) Releases Quarterly Earnings Results

Made Tech Group (LON:MTEC) announced its earnings results on Wednesday. The company reported GBX 0.71 ($0.01) earnings per share for the quarter, reports. Made Tech Group had a negative net margin of 6.36% and a negative return on equity of 17.71%.

Made Tech Group Price Performance

Shares of Made Tech Group stock traded up GBX 3.48 ($0.04) during trading on Wednesday, hitting GBX 31.23 ($0.39). 2,871,364 shares of the stock traded hands, compared to its average volume of 580,357. The firm’s fifty day moving average is GBX 24.70 and its 200-day moving average is GBX 20.17. The stock has a market cap of £46.62 million, a price-to-earnings ratio of -1,561.25 and a beta of 0.90. Made Tech Group has a 52 week low of GBX 8 ($0.10) and a 52 week high of GBX 32.88 ($0.41). The company has a quick ratio of 2.95, a current ratio of 4.62 and a debt-to-equity ratio of 0.32.

Made Tech Group Company Profile

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform.