Getech Group (LON:GTC) Shares Up 2.5% – Should You Buy?

Getech Group plc (LON:GTC)’s stock price rose 2.5% during trading on Thursday. The stock traded as high as GBX 4.70 and last traded at GBX 4.41. Approximately 771,579 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 879,633 shares. The stock had previously closed at GBX 4.30.

Getech Group Stock Performance

The firm’s 50 day simple moving average is GBX 3.52 and its 200-day simple moving average is GBX 2.57. The company has a market capitalization of £6.73 million, a price-to-earnings ratio of -220.30 and a beta of 0.67. The company has a debt-to-equity ratio of 6.02, a quick ratio of 3.50 and a current ratio of 0.73.

Getech Group (LON:GTC) last issued its quarterly earnings results on Tuesday, September 22nd. The company reported GBX (0.16) earnings per share for the quarter. Getech Group had a negative net margin of 0.45% and a negative return on equity of 0.65%. Analysts expect that Getech Group plc will post 0.2 EPS for the current year.

Insider Activity

In related news, insider Christopher Paul Jepps sold 217,006 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of GBX 3, for a total transaction of £6,510.18. 11.01% of the stock is owned by company insiders.

Getech Group Company Profile

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.