Made Tech Group (LON:MTEC) Issues Earnings Results

Made Tech Group (LON:MTEC) released its quarterly earnings results on Wednesday. The company reported GBX 0.71 ($0.01) EPS for the quarter, reports. Made Tech Group had a negative net margin of 6.36% and a negative return on equity of 17.71%.

Made Tech Group Price Performance

Shares of LON:MTEC traded up GBX 3.48 ($0.04) during trading on Wednesday, reaching GBX 31.23 ($0.39). 2,871,364 shares of the company’s stock traded hands, compared to its average volume of 580,357. The company has a quick ratio of 2.95, a current ratio of 4.62 and a debt-to-equity ratio of 0.32. Made Tech Group has a fifty-two week low of GBX 8 ($0.10) and a fifty-two week high of GBX 32.88 ($0.41). The company has a 50-day simple moving average of GBX 24.70 and a 200-day simple moving average of GBX 20.17. The firm has a market cap of £46.62 million, a PE ratio of -1,561.25 and a beta of 0.90.

About Made Tech Group

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform.