Tekcapital (LON:TEK) Stock Price Down 7.6% – Here’s Why

Tekcapital plc (LON:TEKGet Free Report) shares were down 7.6% during mid-day trading on Thursday . The company traded as low as GBX 8.50 ($0.11) and last traded at GBX 8.50 ($0.11). Approximately 136,506 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 874,226 shares. The stock had previously closed at GBX 9.20 ($0.12).

Tekcapital Trading Up 5.3 %

The business has a fifty day moving average price of GBX 8.89 and a 200-day moving average price of GBX 8.37. The stock has a market capitalization of £17.74 million, a PE ratio of 179.00 and a beta of 0.80.

About Tekcapital

(Get Free Report)

Tekcapital plc, together with its subsidiaries, provides a range of technology transfer services to universities and corporate clients in the United Kingdom and the United States. The company offers Microsalt, a micron-sized salt crystal that provide the flavor of salt with half of the sodium; and low-sodium snacks under the SaltMe! brand.

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