Getech Group (LON:GTC) Trading Up 17.6% – Time to Buy?

Getech Group plc (LON:GTCGet Free Report) was up 17.6% during mid-day trading on Monday . The stock traded as high as GBX 3.20 and last traded at GBX 2.82. Approximately 76,386,188 shares changed hands during mid-day trading, an increase of 8,512% from the average session volume of 886,961 shares. The stock had previously closed at GBX 2.40.

Getech Group Stock Up 17.6%

The firm has a market cap of £4.30 million, a PE ratio of -6.71 and a beta of 0.62. The business’s 50 day moving average price is GBX 2.12 and its 200 day moving average price is GBX 2.05. The company has a debt-to-equity ratio of 7.89, a current ratio of 0.82 and a quick ratio of 3.50.

Getech Group (LON:GTCGet Free Report) last released its quarterly 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 for the quarter. Getech Group had a negative return on equity of 17.49% and a negative net margin of 12.81%. On average, equities research analysts expect that Getech Group plc will post 0.2 earnings per share for the current year.

About Getech Group

(Get Free Report)

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.

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