K3 Business Technology Group (LON:KBT) Trading Up 13.5% – Here’s What Happened

Shares of K3 Business Technology Group plc (LON:KBTGet Free Report) were up 13.5% on Friday . The company traded as high as GBX 99.20 ($1.25) and last traded at GBX 90.80 ($1.14). Approximately 155,238 shares traded hands during mid-day trading, an increase of 1,126% from the average daily volume of 12,664 shares. The stock had previously closed at GBX 80 ($1.01).

K3 Business Technology Group Stock Up 18.0 %

The company has a quick ratio of 0.94, a current ratio of 0.74 and a debt-to-equity ratio of 8.64. The stock has a market cap of £42.18 million, a price-to-earnings ratio of -17.07 and a beta of 0.83. The business’s fifty day moving average is GBX 80.98 and its two-hundred day moving average is GBX 73.59.

About K3 Business Technology Group

(Get Free Report)

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.

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