GSTechnologies (LON:GST) Hits New 12-Month High – Still a Buy?

GSTechnologies Ltd. (LON:GSTGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 2.05 ($0.03) and last traded at GBX 1.90 ($0.02), with a volume of 39619926 shares changing hands. The stock had previously closed at GBX 1.78 ($0.02).

GSTechnologies Trading Up 10.0 %

The company has a market capitalization of £41.17 million, a P/E ratio of -3.35 and a beta of 0.70. The firm’s 50-day moving average price is GBX 1.24 and its 200 day moving average price is GBX 0.89. The company has a quick ratio of 4.31, a current ratio of 3.18 and a debt-to-equity ratio of 3.39.

Insider Buying and Selling

In other news, insider Lord James Christopher Douglas Wellesley acquired 335,000 shares of GSTechnologies stock in a transaction on Thursday, October 31st. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,199.57). 20.29% of the stock is owned by corporate insiders.

About GSTechnologies

(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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