Getech Group (LON:GTC) Stock Price Down 9.5% – Time to Sell?

Getech Group plc (LON:GTC)’s share price was down 9.5% during trading on Friday . The company traded as low as GBX 1.81 ($0.02) and last traded at GBX 1.81 ($0.02). Approximately 312,014 shares changed hands during trading, a decline of 30% from the average daily volume of 447,815 shares. The stock had previously closed at GBX 2 ($0.03).

Getech Group Stock Performance

The stock has a 50 day simple moving average of GBX 1.96 and a 200 day simple moving average of GBX 1.90. The company has a current ratio of 0.83, a quick ratio of 3.50 and a debt-to-equity ratio of 4.05. The stock has a market cap of £2.76 million, a P/E ratio of -1.63 and a beta of 0.88.

Getech Group (LON:GTC) last issued its quarterly earnings results on Wednesday, September 24th. The company reported GBX (0.56) earnings per share (EPS) for the quarter. Getech Group had a negative net margin of 72.42% and a negative return on equity of 77.95%. On average, equities analysts expect that Getech Group plc will post 0.2 earnings per share for the current year.

About Getech Group

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.