Insider Buying: GSTechnologies Ltd. (LON:GST) Insider Buys 1,500,000 Shares of Stock

GSTechnologies Ltd. (LON:GST) insider Lord James Christopher Douglas Wellesley acquired 1,500,000 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £15,000 ($19,490.64).

GSTechnologies Price Performance

Shares of GST stock traded up GBX 0.02 ($0.00) on Friday, hitting GBX 0.60 ($0.01). 19,523,496 shares of the stock traded hands, compared to its average volume of 13,980,159. The firm has a market cap of £11.84 million, a price-to-earnings ratio of -3.35 and a beta of 0.69. GSTechnologies Ltd. has a 52 week low of GBX 0.55 ($0.01) and a 52 week high of GBX 2.10 ($0.03). The firm has a 50 day simple moving average of GBX 0.69 and a two-hundred day simple moving average of GBX 0.94. The company has a debt-to-equity ratio of 3.39, a current ratio of 3.18 and a quick ratio of 4.31.

GSTechnologies Company Profile

GSTechnologies Ltd., together with its subsidiaries, provides data infrastructure, storage, and technology services worldwide. It offers structured cabling, data centers infrastructure, wireless network solution, smart security, and project management services. In addition, the company engages in the blockchain business.