Getech Group (LON:GTC) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Getech Group plc (LON:GTC) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3.16 ($0.04) and traded as low as GBX 1.97 ($0.02). Getech Group shares last traded at GBX 1.97 ($0.02), with a volume of 5,305 shares traded.

Getech Group Stock Up 1.0 %

The company has a market capitalization of £3.00 million, a price-to-earnings ratio of -39.40 and a beta of 0.88. The firm’s 50 day moving average price is GBX 2.19 and its two-hundred day moving average price is GBX 3.11. The company has a current ratio of 0.83, a quick ratio of 3.50 and a debt-to-equity ratio of 4.05.

Insider Buying and Selling

In related news, insider Christopher Paul Jepps sold 850,000 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 220 ($2.76), for a total value of £1,870,000 ($2,350,131.96). 19.71% of the stock is owned by insiders.

About Getech Group

Getech Group plc, together with its subsidiaries, provides government advisory, geoscience, and geospatial services. It operates in three segments: Products, Services, and Asset development. The company offers ArcGIS for renewables platform for use in wind and solar projects to operate authoritative information, streamline operations, and transform data; and ArcGIS pipeline referencing to manage pipeline data, and track the status and health of pipeline assets.