Getech Group (LON:GTC) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Getech Group plc (LON:GTC) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.02 and traded as low as GBX 2. Getech Group shares last traded at GBX 2, with a volume of 9,840 shares.

Getech Group Trading Up 4.8%

The firm has a 50 day simple moving average of GBX 2 and a 200 day simple moving average of GBX 2.02. The company has a debt-to-equity ratio of 7.89, a quick ratio of 3.50 and a current ratio of 0.82. The firm has a market cap of £3.35 million, a P/E ratio of -5.24 and a beta of 0.61.

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

About Getech Group

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.