TMT Investments (LON:TMT) Stock Price Down 2.1% – Here’s Why

TMT Investments PLC (LON:TMTGet Free Report)’s share price traded down 2.1% during trading on Tuesday . The company traded as low as GBX 2.74 ($0.03) and last traded at GBX 2.74 ($0.03). 2,758 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 6,135 shares. The stock had previously closed at GBX 2.80 ($0.04).

TMT Investments Stock Performance

The business’s 50 day moving average is GBX 2.95 and its 200 day moving average is GBX 3.08. The stock has a market cap of £86.08 million, a price-to-earnings ratio of 6.09 and a beta of 1.82.

TMT Investments Company Profile

(Get Free Report)

Admitted to AIM in 2010, TMT Investments Plc manages a global investment portfolio of over 50 tech companies focused primarily on Big Data/Cloud, SaaS (software-as-a-service), Mobility, and FinTech and representing net assets of US$208 million at end December 2023. The Company’s objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation.

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