Bytes Technology Group (LON:BYIT) Trading Down 0.1% – What’s Next?

Posted by Paula Ricardo on Mar 11th, 2026

Bytes Technology Group plc (LON:BYIT – Get Free Report)’s stock price dropped 0.1% on Monday . The stock traded as low as GBX 305.20 and last traded at GBX 316. Approximately 8,223,970 shares changed hands during trading, an increase of 151% from the average daily volume of 3,275,054 shares. The stock had previously closed at GBX 316.40.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut shares of Bytes Technology Group to a “hold” rating and decreased their price target for the stock 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 461.60.

Get Our Latest Stock Analysis on BYIT

Bytes Technology Group Stock Down 0.9%

The business has a fifty day moving average price of GBX 325 and a two-hundred day moving average price of GBX 357.52. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.05 and a quick ratio of 0.98. The firm has a market capitalization of £723.69 million, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 2.27 and a beta of 0.69.

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.