Tekcapital (LON:TEK) Trading Up 12.3% – Still a Buy?

Tekcapital plc (LON:TEKGet Free Report) shot up 12.3% on Wednesday . The stock traded as high as GBX 9.50 ($0.12) and last traded at GBX 8.70 ($0.11). 955,971 shares traded hands during trading, an increase of 17% from the average session volume of 815,698 shares. The stock had previously closed at GBX 7.75 ($0.10).

Tekcapital Stock Up 12.3 %

The firm has a 50 day simple moving average of GBX 7.30 and a two-hundred day simple moving average of GBX 8.33. The stock has a market capitalization of £17.24 million, a P/E ratio of 155.00 and a beta of 0.80.

Tekcapital Company Profile

(Get Free Report)

Tekcapital plc, together with its subsidiaries, provides a range of technology transfer services to universities and corporate clients in the United Kingdom and the United States. The company offers Microsalt, a micron-sized salt crystal that provide the flavor of salt with half of the sodium; and low-sodium snacks under the SaltMe! brand.

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