Tekcapital (LON:TEK) Shares Down 13.8% – Here’s Why

Tekcapital plc (LON:TEK – Get Free Report) shares were down 13.8% during mid-day trading on Tuesday. The company traded as low as GBX 2.25 and last traded at GBX 2.50. 4,626,830 shares were traded during mid-day trading, an increase of 309% from the average session volume of 1,131,944 shares. The stock had previously closed at GBX 2.90.

Tekcapital Stock Down 13.8%

The firm has a market capitalization of £6.43 million, a price-to-earnings ratio of 0.06 and a beta of 0.82. The business has a 50-day moving average of GBX 3.55 and a two-hundred day moving average of GBX 5.24.

About Tekcapital

(Get Free Report)

Tekcapital is a holding company that creates value from investing in new, university-developed discoveries that can enhance people’s lives. Tekcapital also provides a range of technology transfer services to help organisations evaluate and commercialise new technologies.

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