GSTechnologies (LON:GST) Sets New 12-Month High – What’s Next?

GSTechnologies Ltd. (LON:GSTGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 1.65 ($0.02) and last traded at GBX 1.60 ($0.02), with a volume of 89040383 shares trading hands. The stock had previously closed at GBX 1.41 ($0.02).

GSTechnologies Trading Up 13.5 %

The company has a market cap of £31.52 million, a price-to-earnings ratio of -3.35 and a beta of 0.70. The company has a quick ratio of 4.31, a current ratio of 3.18 and a debt-to-equity ratio of 3.39. The company’s 50-day moving average is GBX 1.03 and its 200 day moving average is GBX 0.83.

Insider Activity

In other GSTechnologies news, insider Lord James Christopher Douglas Wellesley purchased 335,000 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £3,350 ($4,280.06). Insiders own 20.29% of the company’s stock.

GSTechnologies Company Profile

(Get Free Report)

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.

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