GS Chain (LON:GSC) Trading Down 9.7% – What’s Next?

GS Chain plc (LON:GSCGet Free Report) shares fell 9.7% on Wednesday . The company traded as low as GBX 1.18 ($0.01) and last traded at GBX 1.40 ($0.02). 629,001 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 1,411,828 shares. The stock had previously closed at GBX 1.55 ($0.02).

GS Chain Stock Performance

The firm’s 50 day simple moving average is GBX 1.39 and its 200-day simple moving average is GBX 1.04.

GS Chain (LON:GSCGet Free Report) last issued its earnings results on Friday, November 1st. The company reported GBX (0.09) ($0.00) earnings per share for the quarter.

GS Chain Company Profile

(Get Free Report)

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.

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