GSTechnologies (LON:GST) Reaches New 52-Week High – Should You Buy?

Shares of GSTechnologies Ltd. (LON:GSTGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 3.65 ($0.05) and last traded at GBX 3.30 ($0.04), with a volume of 71781383 shares changing hands. The stock had previously closed at GBX 3.30 ($0.04).

GSTechnologies Price Performance

The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.31 and a current ratio of 3.18. The company has a market cap of £65.01 million, a P/E ratio of -3.35 and a beta of 0.70. The stock has a 50 day moving average price of GBX 1.54 and a 200 day moving average price of GBX 0.99.

Insider Transactions at GSTechnologies

In other news, insider Lord James Christopher Douglas Wellesley bought 335,000 shares of the firm’s stock in a transaction on Thursday, October 31st. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £3,350 ($4,163.04). Corporate insiders own 20.29% of the company’s stock.

GSTechnologies Company Profile

(Get Free Report)

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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