K3 Business Technology Group (LON:KBT) Reaches New 12-Month Low at $70.00

K3 Business Technology Group plc (LON:KBT)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 70 ($0.89) and last traded at GBX 70 ($0.89), with a volume of 7694 shares traded. The stock had previously closed at GBX 76.50 ($0.98).

K3 Business Technology Group Stock Performance

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 firm has a market cap of £32.41 million, a PE ratio of -1,400.00 and a beta of 0.84. The stock’s 50 day moving average price is GBX 91.66 and its 200 day moving average price is GBX 101.52.

Insiders Place Their Bets

In related news, insider Oliver Rupert Andrew Scott bought 7,500 shares of the stock in a transaction dated Friday, May 10th. The stock was acquired at an average price of GBX 102 ($1.30) per share, for a total transaction of £7,650 ($9,776.36). 35.79% of the stock is currently owned by insiders.

K3 Business Technology Group Company Profile

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services primarily in the United Kingdom. It operates through K3 Products and Third-Party Products segments. The company offers K3|imagine, a cloud-native and technology agnostic platform; K3|fashion, a concept-to-consumer solution; K3|dataswitch, a real-time orchestration; K3|ViJi; K3|pebblestone; and K3 Legacy Solutions, as well as SYSPRO.