Getech Group (LON:GTC) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Getech Group plc (LON:GTCGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2.68 ($0.03) and traded as low as GBX 2 ($0.02). Getech Group shares last traded at GBX 2 ($0.02), with a volume of 117,000 shares changing hands.

Getech Group Stock Performance

The company has a market capitalization of £3.28 million, a PE ratio of -43.00 and a beta of 0.88. The company has a current ratio of 0.83, a quick ratio of 3.50 and a debt-to-equity ratio of 4.05. The stock has a fifty day moving average of GBX 2.13 and a two-hundred day moving average of GBX 2.68.

Insider Activity at Getech Group

In other Getech Group news, insider Christopher Paul Jepps sold 850,000 shares of Getech Group stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of GBX 220 ($2.73), for a total value of £1,870,000 ($2,322,981.37). 19.71% of the stock is currently owned by insiders.

About Getech Group

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Getech (AIM: GTC) applies its world-leading geoscience data and unique geospatial software products to accelerate the energy transition by locating, developing and operating geoenergy and green hydrogen projects.

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