GS Chain (LON:GSC) Trading Down 7.7% – What’s Next?

GS Chain plc (LON:GSC) fell 7.7% on Wednesday . The company traded as low as GBX 0.30 and last traded at GBX 0.30. 600,000 shares traded hands during trading, a decline of 47% from the average session volume of 1,130,228 shares. The stock had previously closed at GBX 0.33.

GS Chain Trading Down 9.1%

The stock has a 50-day simple moving average of GBX 0.42 and a 200-day simple moving average of GBX 0.39. The company has a market capitalization of £999,965.00 and a price-to-earnings ratio of -5.00.

GS Chain Company Profile

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.