Getech Group (LON:GTC) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Getech Group plc (LON:GTC) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.03 and traded as high as GBX 2.09. Getech Group shares last traded at GBX 2.05, with a volume of 499,547 shares trading hands.

Getech Group Stock Down 2.4%

The stock has a market capitalization of £3.13 million, a P/E ratio of -4.88 and a beta of 0.62. The company has a current ratio of 0.82, a quick ratio of 3.50 and a debt-to-equity ratio of 7.89. The stock’s 50 day simple moving average is GBX 2.02 and its 200 day simple moving average is GBX 2.03.

Getech Group (LON:GTC) last released its earnings results on Thursday, April 30th. The company reported GBX (0.42) earnings per share for the quarter. The company had revenue of GBX 500 million during the quarter. Getech Group had a negative return on equity of 17.49% and a negative net margin of 12.81%. As a group, research analysts predict that Getech Group plc will post 0.2 EPS for the current fiscal year.

Getech Group Company Profile

Getech (AIM: GTC) applies its world-leading geoscience data and unique geospatial software products to accelerate the energy transition by locating, developing and operating geoenergy and green hydrogen projects.