Tekcapital (LON:TEK) Stock Price Down 4.4% – Here’s What Happened

Tekcapital plc (LON:TEKGet Free Report)’s share price was down 4.4% during mid-day trading on Friday . The company traded as low as GBX 8.80 ($0.12) and last traded at GBX 9.08 ($0.12). Approximately 536,210 shares were traded during trading, an increase of 35% from the average daily volume of 398,093 shares. The stock had previously closed at GBX 9.50 ($0.13).

Tekcapital Stock Performance

The business’s 50 day simple moving average is GBX 7.66 and its 200-day simple moving average is GBX 8.74. The stock has a market capitalization of £25.13 million, a price-to-earnings ratio of 1.62 and a beta of 0.80.

Tekcapital Company Profile

(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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