Getech Group (LON:GTC) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Getech Group plc (LON:GTC)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.14 ($0.05) and traded as low as GBX 2.20 ($0.03). Getech Group shares last traded at GBX 2.20 ($0.03), with a volume of 20,000 shares changing hands.

Getech Group Stock Performance

The company’s 50-day moving average price is GBX 2.37 and its two-hundred day moving average price is GBX 4.04. The stock has a market cap of £3.20 million, a PE ratio of -42.00 and a beta of 0.88. The company has a debt-to-equity ratio of 4.05, a quick ratio of 3.50 and a current ratio of 0.83.

Insider Activity at Getech Group

In other news, insider Christopher Paul Jepps sold 850,000 shares of Getech Group stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of GBX 220 ($2.76), for a total value of £1,870,000 ($2,344,239.69). 19.71% of the stock is currently owned by company insiders.

About Getech Group

Getech Group plc, together with its subsidiaries, provides government advisory, geoscience, and geospatial services. It operates in three segments: Products, Services, and Asset development. The company offers ArcGIS for renewables platform for use in wind and solar projects to operate authoritative information, streamline operations, and transform data; and ArcGIS pipeline referencing to manage pipeline data, and track the status and health of pipeline assets.