GSTechnologies (LON:GST) Shares Up 20% – Still a Buy?

Shares of GSTechnologies Ltd. (LON:GSTGet Free Report) rose 20% on Wednesday . The company traded as high as GBX 0.47 and last traded at GBX 0.45. Approximately 20,182,428 shares traded hands during mid-day trading, an increase of 124% from the average daily volume of 9,011,244 shares. The stock had previously closed at GBX 0.38.

GSTechnologies Price Performance

The company has a debt-to-equity ratio of 1.86, a quick ratio of 4.30 and a current ratio of 1.11. The stock has a market capitalization of £11.39 million, a PE ratio of -4.02 and a beta of 0.89. The company’s fifty day simple moving average is GBX 0.36 and its two-hundred day simple moving average is GBX 0.40.

GSTechnologies Company Profile

(Get Free Report)

GSTechnologies is a global technology company listed on the Main Market of the London Stock Exchange under the ticker, GST. The group operates three core businesses across blockchain payments and financial services, forex, as well as cryptoasset exchange. The group has operations in the UK, Lithuania, Singapore, and Australia.

Further Reading

Receive News & Ratings for GSTechnologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GSTechnologies and related companies with MarketBeat.com's FREE daily email newsletter.