GSTechnologies (LON:GST) Shares Up 15.7% – Here’s Why

Shares of GSTechnologies Ltd. (LON:GST) were up 15.7% on Wednesday . The company traded as high as GBX 0.40 and last traded at GBX 0.38. Approximately 10,724,010 shares were traded during trading, an increase of 11% from the average daily volume of 9,649,894 shares. The stock had previously closed at GBX 0.33.

GSTechnologies Trading Up 15.4%

The firm has a market capitalization of £8.72 million, a PE ratio of -3.07 and a beta of 0.51. The company’s 50-day simple moving average is GBX 0.51 and its 200 day simple moving average is GBX 0.64. The company has a quick ratio of 4.31, a current ratio of 1.11 and a debt-to-equity ratio of 1.86.

GSTechnologies Company Profile

GSTechnologies is a global technology company listed on the Main Market of the London Stock Exchange under the ticker, GST. The group operates three core businesses across blockchain payments and financial services, forex, as well as cryptoasset exchange. The group has operations in the UK, Lithuania, Singapore, and Australia.