Bytes Technology Group (LON:BYIT) Hits New 12-Month Low – Here’s What Happened

Posted by Anthony Miller on Feb 18th, 2026

Bytes Technology Group plc (LON:BYIT – Get Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as GBX 285.80 and last traded at GBX 293.63, with a volume of 631039 shares trading hands. The stock had previously closed at GBX 296.50.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut Bytes Technology Group to a “hold” rating and cut their price objective for the company from GBX 447 to GBX 400 in a report on Wednesday, January 14th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Bytes Technology Group has an average rating of “Hold” and an average target price of GBX 461.60.

View Our Latest Analysis on Bytes Technology Group

Bytes Technology Group Stock Performance

The stock has a 50-day moving average of GBX 340.70 and a 200 day moving average of GBX 365.24. The firm has a market capitalization of £696.27 million, a P/E ratio of 13.78, a price-to-earnings-growth ratio of 2.27 and a beta of 0.65. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.98 and a current ratio of 1.09.

Bytes Technology Group Company Profile

(Get Free Report)

With a 40-year track record, Bytes Technology Group is one of the UK and Ireland’s leading software, security, AI and cloud services specialists. We enable effective and cost-efficient technology sourcing, adoption and management across software, security, hardware, and AI and cloud services.

Our strong relationships with many of the world’s largest software companies enable our specialist staff to deliver the latest technology to a diverse and embedded customer base. This has resulted in our long track record of strong financial performance.