Getech Group (LON:GTC) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Getech Group plc (LON:GTC) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4.38 ($0.06) and traded as low as GBX 2.20 ($0.03). Getech Group shares last traded at GBX 2.25 ($0.03), with a volume of 304,969 shares.

Getech Group Trading Down 6.3 %

The company has a debt-to-equity ratio of 4.05, a quick ratio of 3.50 and a current ratio of 0.83. The stock has a market capitalization of £3.43 million, a PE ratio of -45.00 and a beta of 0.88. The business’s 50-day moving average is GBX 2.43 and its two-hundred day moving average is GBX 4.36.

Insider Activity

In other news, insider Christopher Paul Jepps sold 850,000 shares of the business’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 220 ($2.83), for a total transaction of £1,870,000 ($2,406,382.70). Insiders own 19.71% of the company’s stock.

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.