Getech Group (LON:GTC) Stock Jumps 2.5% – Here’s What Happened

Getech Group plc (LON:GTC)’s stock price was up 2.5% during mid-day trading on Thursday. The company traded as high as GBX 4.70 and last traded at GBX 4.41. 771,579 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 879,633 shares. The stock had previously closed at GBX 4.30.

Getech Group Stock Performance

The company has a debt-to-equity ratio of 6.02, a quick ratio of 3.50 and a current ratio of 0.73. The stock’s 50-day simple moving average is GBX 3.52 and its two-hundred day simple moving average is GBX 2.57. The stock has a market cap of £6.73 million, a price-to-earnings ratio of -220.30 and a beta of 0.67.

Getech Group (LON:GTC) last posted its quarterly earnings data on Tuesday, September 22nd. The company reported GBX (0.16) EPS for the quarter. Getech Group had a negative return on equity of 0.65% and a negative net margin of 0.45%. Analysts forecast that Getech Group plc will post 0.2 earnings per share for the current year.

Insider Activity at Getech Group

In other news, insider Christopher Paul Jepps sold 217,006 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of GBX 3, for a total value of £6,510.18. 11.01% of the stock is currently owned by company insiders.

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.