GSTechnologies (LON:GST) Trading 11.4% Higher – What’s Next?

GSTechnologies Ltd. (LON:GSTGet Free Report)’s share price traded up 11.4% on Wednesday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 2.20 ($0.03). 43,110,004 shares were traded during trading, a decline of 30% from the average session volume of 61,375,215 shares. The stock had previously closed at GBX 1.98 ($0.02).

GSTechnologies Stock Performance

The stock has a market cap of £43.34 million, a price-to-earnings ratio of -3.35 and a beta of 0.70. 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’s 50-day simple moving average is GBX 1.90 and its two-hundred day simple moving average is GBX 1.14.

Insiders Place Their Bets

In related news, insider Lord James Christopher Douglas Wellesley acquired 335,000 shares of the business’s stock in a transaction dated Thursday, October 31st. The stock was acquired at an average price of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,130.19). Company insiders own 20.29% of the company’s stock.

About GSTechnologies

(Get Free Report)

GSTechnologies is a global technology company listed on the Main Market of the London Stock Exchange under the ticker, GST. The group operates three core businesses across blockchain payments and financial services, forex, as well as cryptoasset exchange. The group has operations in the UK, Lithuania, Singapore, and Australia.

Featured Stories

Receive News & Ratings for GSTechnologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GSTechnologies and related companies with MarketBeat.com's FREE daily email newsletter.