NetScientific (LON:NSCI) Stock Crosses Above 50 Day Moving Average of $68.72

NetScientific plc (LON:NSCI) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 68.72 ($0.88) and traded as high as GBX 71.50 ($0.92). NetScientific shares last traded at GBX 71 ($0.91), with a volume of 11,183 shares changing hands.

NetScientific Stock Up 0.6 %

The company has a market capitalization of £17.11 million, a price-to-earnings ratio of -546.15 and a beta of 1.47. The business’s 50-day moving average is GBX 68.72 and its 200-day moving average is GBX 65.65. The company has a quick ratio of 1.84, a current ratio of 0.31 and a debt-to-equity ratio of 10.88.

Insider Activity at NetScientific

In other NetScientific news, insider Edward Hooper bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The stock was bought at an average cost of GBX 68 ($0.87) per share, for a total transaction of £13,600 ($17,420.26). 39.98% of the stock is currently owned by insiders.

NetScientific Company Profile

NetScientific plc (AIM: NSCI) is a deep tech and life sciences VC investment group with an international portfolio of innovative companies.

NetScientific identifies, invests in, and builds high growth companies in the UK and internationally. The company adds value through the proactive management of its portfolio, progressing to key value inflection points, and delivering investment returns through partial or full liquidity events.

NetScientific differentiates itself by employing a capital-light investment approach, making judicial use of its balance sheet and syndicating investments through its wholly owned VC subsidiary, EMV Capital.