K3 Business Technology Group (LON:KBT) Stock Price Up 38.7% – Still a Buy?

K3 Business Technology Group plc (LON:KBTGet Free Report)’s share price traded up 38.7% during trading on Tuesday . The company traded as high as GBX 98.80 ($1.26) and last traded at GBX 87.50 ($1.11). 42,196 shares traded hands during trading, an increase of 341% from the average session volume of 9,577 shares. The stock had previously closed at GBX 63.07 ($0.80).

K3 Business Technology Group Stock Performance

The stock has a 50 day simple moving average of GBX 67.07 and a 200 day simple moving average of GBX 78.15. The company has a current ratio of 0.74, a quick ratio of 0.94 and a debt-to-equity ratio of 8.64. The stock has a market cap of £38.45 million, a P/E ratio of -1,720.00 and a beta of 0.83.

Insiders Place Their Bets

In other K3 Business Technology Group news, insider Oliver Rupert Andrew Scott bought 8,576 shares of K3 Business Technology Group stock in a transaction on Friday, September 27th. The shares were purchased at an average price of GBX 70 ($0.89) per share, with a total value of £6,003.20 ($7,627.95). Corporate insiders own 35.48% of the company’s stock.

K3 Business Technology Group Company Profile

(Get Free Report)

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services in the United Kingdom, the Netherlands, Ireland, rest of Europe, the Middle East, Asia, the United States, and internationally. It operates through K3 Products and Third-Party Solutions segments.

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