GetBusy (LON:GETB) Hits New 1-Year High Following Insider Buying Activity

Shares of GetBusy plc (LON:GETB) hit a new 52-week high during trading on Friday following insider buying activity. The stock traded as high as GBX 64 ($0.87) and last traded at GBX 64 ($0.87), with a volume of 190310 shares. The stock had previously closed at GBX 60 ($0.81).

Specifically, insider Paul Haworth purchased 5,000 shares of the stock in a transaction dated Thursday, September 11th. The shares were purchased at an average cost of GBX 61 per share, with a total value of £3,050. Also, insider Paul Haworth acquired 7,695 shares of GetBusy stock in a transaction that occurred on Thursday, September 11th. The stock was purchased at an average cost of GBX 61 per share, with a total value of £4,693.95. In other news, insider Paul Haworth acquired 10,000 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were bought at an average price of GBX 61 per share, for a total transaction of £6,100.

GetBusy Price Performance

The stock’s fifty day moving average price is GBX 54 and its 200-day moving average price is GBX 51.29. The firm has a market cap of £32.44 million, a PE ratio of 3,926.38 and a beta of 0.35. The company has a debt-to-equity ratio of -57.60, a current ratio of 0.36 and a quick ratio of 0.44.

GetBusy (LON:GETB) last posted its quarterly earnings results on Tuesday, September 9th. The company reported GBX (1.22) earnings per share for the quarter. GetBusy had a negative return on equity of 17.71% and a net margin of 2.48%. As a group, equities analysts expect that GetBusy plc will post 0.0783995 EPS for the current fiscal year.

About GetBusy

GetBusy plc, through its subsidiaries, develops and sells document and task management software products in the United Kingdom, the United States, Australia, and New Zealand. The company offers Workiro and Virtual Cabinet for document workflow management, client portals, and digital signatures; SmartVault for enterprise content management; and HELLOPLAN for meeting scheduling and management.