GS Chain (LON:GSC) Trading Up 1.8% – Still a Buy?

GS Chain plc (LON:GSC) shares were up 1.8% during mid-day trading on Thursday . The stock traded as high as GBX 1.25 ($0.02) and last traded at GBX 1.11 ($0.01). Approximately 3,820 shares were traded during trading, a decline of 100% from the average daily volume of 1,894,717 shares. The stock had previously closed at GBX 1.09 ($0.01).

GS Chain Price Performance

The stock has a market capitalization of £4.81 million and a price-to-earnings ratio of -6.99. The firm has a 50-day moving average of GBX 1.39 and a 200 day moving average of GBX 1.11.

About GS Chain

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.