GSTechnologies (LON:GST) Trading Down 6.1% – What’s Next?

GSTechnologies Ltd. (LON:GST)’s share price fell 6.1% during mid-day trading on Tuesday . The stock traded as low as GBX 1.76 ($0.02) and last traded at GBX 1.79 ($0.02). 34,730,824 shares were traded during trading, an increase of 130% from the average session volume of 15,119,096 shares. The stock had previously closed at GBX 1.90 ($0.02).

GSTechnologies Trading Down 0.6 %

The company has a debt-to-equity ratio of 3.39, a current ratio of 3.18 and a quick ratio of 4.31. The stock has a market cap of £31.32 million, a P/E ratio of -3.35 and a beta of 0.70. The stock’s 50-day moving average is GBX 1.14 and its two-hundred day moving average is GBX 0.86.

Insider Buying and Selling at GSTechnologies

In related news, insider Lord James Christopher Douglas Wellesley acquired 335,000 shares of the stock in a transaction dated 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 ($4,211.72). 20.29% of the stock is currently owned by company insiders.

GSTechnologies Company Profile

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.