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

GSTechnologies Ltd. (LON:GSTGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1.65 ($0.02) and last traded at GBX 1.60 ($0.02), with a volume of 89040383 shares traded. The stock had previously closed at GBX 1.41 ($0.02).

GSTechnologies Price Performance

The company has a 50 day moving average of GBX 1.03 and a 200 day moving average of GBX 0.83. 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 stock has a market capitalization of £31.52 million, a price-to-earnings ratio of -3.35 and a beta of 0.70.

Insider Activity at GSTechnologies

In other GSTechnologies news, insider Lord James Christopher Douglas Wellesley bought 335,000 shares of the business’s stock in a transaction dated Thursday, October 31st. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,280.06). 20.29% of the stock is owned by corporate insiders.

About GSTechnologies

(Get Free Report)

GSTechnologies Ltd., together with its subsidiaries, provides data infrastructure, storage, and technology services worldwide. It offers structured cabling, data centers infrastructure, wireless network solution, smart security, and project management services. In addition, the company engages in the blockchain business.

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