GS Chain (LON:GSC) Sets New 1-Year Low – Should You Sell?

GS Chain plc (LON:GSC) hit a new 52-week low during trading on Monday . The company traded as low as GBX 0.19 and last traded at GBX 0.19, with a volume of 2000000 shares trading hands. The stock had previously closed at GBX 0.25.

GS Chain Stock Performance

The company has a market capitalization of £759,973.40 and a PE ratio of -3.80. The stock has a 50 day moving average price of GBX 0.42 and a two-hundred day moving average price of GBX 0.39.

About GS Chain

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.