Made Tech Group (LON:MTEC) Hits New 12-Month Low at $31.00

Made Tech Group Plc (LON:MTECGet Rating) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 31 ($0.38) and last traded at GBX 30.90 ($0.38), with a volume of 57916 shares changing hands. The stock had previously closed at GBX 32.50 ($0.40).

Separately, Berenberg Bank reiterated a “buy” rating on shares of Made Tech Group in a research report on Tuesday, March 15th.

The firm has a market capitalization of £45.76 million and a P/E ratio of -65.00. The firm has a 50-day moving average price of GBX 36.56 and a two-hundred day moving average price of GBX 70.54. The company has a debt-to-equity ratio of 1.79, a current ratio of 5.08 and a quick ratio of 5.08.

About Made Tech Group (LON:MTEC)

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. The company offers digital delivery, data infrastructure and insights, embedded capabilities, and legacy application transformation services. It serves central and local government, housing, healthcare, transport, and education; police, justice, and emergency; and space, defense, and security sectors.

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