Made Tech Group (LON:MTEC) Trading 11.5% Higher – Here’s What Happened

Made Tech Group Plc (LON:MTECGet Free Report) shares were up 11.5% during mid-day trading on Wednesday . The company traded as high as GBX 21.40 ($0.27) and last traded at GBX 20.63 ($0.26). Approximately 258,105 shares changed hands during trading, a decline of 57% from the average daily volume of 595,656 shares. The stock had previously closed at GBX 18.50 ($0.23).

Made Tech Group Stock Up 18.9 %

The stock has a fifty day simple moving average of GBX 16.91 and a two-hundred day simple moving average of GBX 17.09. The company has a current ratio of 4.62, a quick ratio of 2.95 and a debt-to-equity ratio of 0.32. The firm has a market cap of £32.84 million, a PE ratio of -900.00 and a beta of 0.90.

About Made Tech Group

(Get Free Report)

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform.

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