GetBusy PLC (LON:GETB)’s stock price dropped 3.7% on Thursday . The stock traded as low as GBX 39 ($0.51) and last traded at GBX 39 ($0.51), approximately 13,000 shares changed hands during trading. The stock had previously closed at GBX 40.50 ($0.53).
Separately, Liberum Capital lifted their price objective on GetBusy from GBX 52 ($0.68) to GBX 56 ($0.73) and gave the stock a “buy” rating in a report on Tuesday, July 23rd.
The firm has a fifty day moving average of GBX 33.89. The stock has a market capitalization of $18.63 million and a P/E ratio of -16.74.
GetBusy Plc develops and sells document management software products in the United Kingdom, the United States, Australia, and New Zealand. The company focuses on electronic document management, communication, and productivity. It offers SmartVault, a cloud document management system for small and medium enterprises; and Virtual Cabinet, a desktop document management system designed for medium to large enterprise businesses, which allows businesses to automatically file their emails, search content inside their stored documents, approve documents, track files, generate end-to-end audits, and optimize processes and workflows.
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