K3 Business Technology Group (LON:KBT) Reaches New 1-Year Low – Should You Sell?

K3 Business Technology Group plc (LON:KBT)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 61 ($0.78) and last traded at GBX 61 ($0.78), with a volume of 4404 shares trading hands. The stock had previously closed at GBX 66.50 ($0.86).

K3 Business Technology Group Stock Performance

The company has a debt-to-equity ratio of 8.64, a quick ratio of 0.94 and a current ratio of 0.74. The stock has a market capitalization of £27.94 million, a PE ratio of -1,250.00 and a beta of 0.83. The firm has a 50 day moving average of GBX 68.45 and a 200-day moving average of GBX 81.97.

Insider Buying and Selling

In other news, insider Oliver Rupert Andrew Scott bought 8,576 shares of the firm’s stock in a transaction dated Friday, September 27th. The shares were bought at an average price of GBX 70 ($0.90) per share, with a total value of £6,003.20 ($7,725.13). Insiders purchased a total of 98,790 shares of company stock valued at $6,915,300 over the last three months. Company insiders own 35.48% of the company’s stock.

About K3 Business Technology Group

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services in the United Kingdom, the Netherlands, Ireland, rest of Europe, the Middle East, Asia, the United States, and internationally. It operates through K3 Products and Third-Party Solutions segments.