GetBusy (LON:GETB) Hits New 1-Year High – Here’s What Happened

GetBusy plc (LON:GETB)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 93 and last traded at GBX 87.50, with a volume of 65292 shares changing hands. The stock had previously closed at GBX 84.

GetBusy Price Performance

The stock has a market cap of £44.35 million, a P/E ratio of 437.50 and a beta of 0.35. The company has a quick ratio of 0.44, a current ratio of 0.36 and a debt-to-equity ratio of -57.60. The business’s 50-day simple moving average is GBX 76.86 and its two-hundred day simple moving average is GBX 67.22.

Insiders Place Their Bets

In other GetBusy news, insider Clive Alan Rabie bought 600,000 shares of the stock in a transaction on Thursday, October 9th. The shares were acquired at an average price of GBX 83 per share, with a total value of £498,000. Corporate insiders own 38.50% of the company’s stock.

GetBusy Company Profile

GetBusy plc, through its subsidiaries, develops and sells document and task management software products in the United Kingdom, the United States, Australia, and New Zealand. The company offers Workiro and Virtual Cabinet for document workflow management, client portals, and digital signatures; SmartVault for enterprise content management; and HELLOPLAN for meeting scheduling and management. It also provides a range of tools and end-to-end workflows, such as digital asset and document management, tailored templates, quotes/proposal development, form-fill, authentication, e-signatures and approvals, workflow and task management, chat, and complex digital certification.