Getech Group (LON:GTC) Shares Pass Below 200 Day Moving Average – Here’s Why

Getech Group plc (LON:GTCGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.95 ($0.03) and traded as low as GBX 1.70 ($0.02). Getech Group shares last traded at GBX 1.79 ($0.02), with a volume of 100,000 shares changing hands.

Getech Group Price Performance

The company has a debt-to-equity ratio of 4.05, a current ratio of 0.83 and a quick ratio of 3.50. The stock has a market cap of £2.80 million, a P/E ratio of -0.39 and a beta of 0.88. The company’s 50 day simple moving average is GBX 1.74 and its 200 day simple moving average is GBX 1.95.

Getech Group (LON:GTCGet Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported GBX (1.66) (($0.02)) earnings per share for the quarter. Getech Group had a negative net margin of 72.42% and a negative return on equity of 77.95%. As a group, equities analysts forecast that Getech Group plc will post 0.2 earnings per share for the current year.

Getech Group Company Profile

(Get Free Report)

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.

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