Insider Buying: Made Tech Group Plc (LON:MTEC) Insider Acquires 209,937 Shares of Stock

Made Tech Group Plc (LON:MTEC) insider Neil Elton acquired 209,937 shares of the company’s stock in a transaction dated Wednesday, May 1st. The stock was acquired at an average cost of GBX 14 ($0.18) per share, for a total transaction of £29,391.18 ($36,918.95).

Made Tech Group Trading Up 10.0 %

Shares of LON:MTEC traded up GBX 1.42 ($0.02) during midday trading on Wednesday, reaching GBX 15.67 ($0.20). The company’s stock had a trading volume of 1,775,847 shares, compared to its average volume of 1,059,962. The firm has a market capitalization of £23.40 million, a price-to-earnings ratio of -1,549.00 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.95 and a current ratio of 2.93. The firm has a 50 day moving average price of GBX 9.63 and a two-hundred day moving average price of GBX 10.58. Made Tech Group Plc has a fifty-two week low of GBX 8 ($0.10) and a fifty-two week high of GBX 22.49 ($0.28).

About Made Tech Group

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform.