GetBusy (LON:GETB) Trading 1.6% Higher – Here’s Why

Shares of GetBusy plc (LON:GETB) shot up 1.6% on Wednesday . The stock traded as high as GBX 75.20 and last traded at GBX 75.20. 66 shares changed hands during trading, a decline of 100% from the average session volume of 40,097 shares. The stock had previously closed at GBX 74.

GetBusy Stock Up 2.9%

The company has a 50-day moving average of GBX 72.90 and a 200-day moving average of GBX 74.07. The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of -88.63. The company has a market capitalization of £36.50 million, a price-to-earnings ratio of -25.26 and a beta of 0.35.

GetBusy (LON:GETB) last issued its quarterly earnings results on Tuesday, March 24th. The company reported GBX (2.85) earnings per share for the quarter. GetBusy had a positive return on equity of 49.22% and a negative net margin of 6.55%. On average, equities analysts predict that GetBusy plc will post 0.0783995 earnings per share for the current fiscal year.

Insider Activity at GetBusy

In related news, insider Paul Laurance Huberman acquired 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was purchased at an average cost of GBX 57 per share, with a total value of £14,250. 38.26% of the stock is owned by insiders.

About GetBusy

GetBusy plc, through its subsidiaries, develops and sells document and task management software products in the United Kingdom, the United States, Australia, and New Zealand. The company offers Workiro and Virtual Cabinet for document workflow management, client portals, and digital signatures; SmartVault for enterprise content management; and HELLOPLAN for meeting scheduling and management. It also provides a range of tools and end-to-end workflows, such as digital asset and document management, tailored templates, quotes/proposal development, form-fill, authentication, e-signatures and approvals, workflow and task management, chat, and complex digital certification.