Shares of GSTechnologies Ltd. (LON:GST – Get Free Report) rose 11.4% during trading on Wednesday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 2.20 ($0.03). Approximately 43,110,004 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 61,375,215 shares. The stock had previously closed at GBX 1.98 ($0.02).
GSTechnologies Trading Up 1.2 %
The company has a current ratio of 3.18, a quick ratio of 4.31 and a debt-to-equity ratio of 3.39. The company has a fifty day moving average price of GBX 1.94 and a two-hundred day moving average price of GBX 1.15. The firm has a market capitalization of £41.37 million, a price-to-earnings ratio of -3.35 and a beta of 0.70.
Insider Buying and Selling at GSTechnologies
In other news, insider Lord James Christopher Douglas Wellesley bought 335,000 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,182.79). Company insiders own 20.29% of the company’s stock.
About GSTechnologies
GSTechnologies is a global technology company listed on the Main Market of the London Stock Exchange under the ticker, GST. The group operates three core businesses across blockchain payments and financial services, forex, as well as cryptoasset exchange. The group has operations in the UK, Lithuania, Singapore, and Australia.
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