GSTechnologies (LON:GST) Reaches New 12-Month High – Should You Buy?

GSTechnologies Ltd. (LON:GSTGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1.65 ($0.02) and last traded at GBX 1.60 ($0.02), with a volume of 89040383 shares. The stock had previously closed at GBX 1.41 ($0.02).

GSTechnologies Stock Up 13.9 %

The firm’s 50-day simple moving average is GBX 1.06 and its 200 day simple moving average is GBX 0.84. The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.31 and a current ratio of 3.18. The stock has a market capitalization of £35.46 million, a P/E ratio of -3.35 and a beta of 0.70.

Insider Buying and Selling

In other news, insider Lord James Christopher Douglas Wellesley acquired 335,000 shares of the firm’s stock in a transaction dated Thursday, October 31st. The stock was bought at an average price of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,228.20). 20.29% of the stock is currently owned by corporate insiders.

About GSTechnologies

(Get Free Report)

GSTechnologies Ltd., together with its subsidiaries, provides data infrastructure, storage, and technology services worldwide. It offers structured cabling, data centers infrastructure, wireless network solution, smart security, and project management services. In addition, the company engages in the blockchain business.

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