K3 Business Technology Group (LON:KBT) Sets New 1-Year Low at $80.00

Shares of K3 Business Technology Group plc (LON:KBT) hit a new 52-week low on Friday . The company traded as low as GBX 80 ($1.03) and last traded at GBX 80 ($1.03), with a volume of 3300 shares changing hands. The stock had previously closed at GBX 83 ($1.07).

K3 Business Technology Group Trading Down 3.6 %

The stock has a market capitalization of £35.77 million, a PE ratio of -1,600.00 and a beta of 0.83. The company has a current ratio of 0.92, a quick ratio of 0.94 and a debt-to-equity ratio of 3.65. The business’s 50-day moving average is GBX 93.18 and its two-hundred day moving average is GBX 102.63.

Insider Buying and Selling

In other news, insider Oliver Rupert Andrew Scott bought 7,500 shares of the firm’s stock in a transaction dated Friday, May 10th. The stock was acquired at an average cost of GBX 102 ($1.31) per share, for a total transaction of £7,650 ($9,840.49). 35.47% of the stock is currently owned by corporate insiders.

About K3 Business Technology Group

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services primarily in the United Kingdom. It operates through K3 Products and Third-Party Products segments. The company offers K3|imagine, a cloud-native and technology agnostic platform; K3|fashion, a concept-to-consumer solution; K3|dataswitch, a real-time orchestration; K3|ViJi; K3|pebblestone; and K3 Legacy Solutions, as well as SYSPRO.