Made Tech Group (LON:MTEC) Receives “Not Rated” Rating from Shore Capital

Shore Capital restated their not rated rating on shares of Made Tech Group (LON:MTEC) in a research note released on Thursday, Marketbeat Ratings reports.

Made Tech Group Price Performance

Shares of Made Tech Group stock opened at GBX 17.01 ($0.22) on Thursday. The company has a current ratio of 2.93, a quick ratio of 2.95 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is GBX 15.61 and its two-hundred day moving average price is GBX 12.14. Made Tech Group has a 52 week low of GBX 8 ($0.10) and a 52 week high of GBX 19 ($0.24). The stock has a market cap of £25.39 million, a PE ratio of -1,725.00 and a beta of 0.85.

Insiders Place Their Bets

In related news, insider Neil Elton acquired 209,937 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of GBX 14 ($0.18) per share, for a total transaction of £29,391.18 ($37,284.26). Corporate insiders own 48.09% of the company’s stock.

Made Tech Group Company Profile

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.