Insider Buying: K3 Business Technology Group plc (LON:KBT) Insider Acquires 12,553 Shares of Stock

K3 Business Technology Group plc (LON:KBT) insider Oliver Rupert Andrew Scott acquired 12,553 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was acquired at an average cost of GBX 102 ($1.28) per share, for a total transaction of £12,804.06 ($16,085.50).

Oliver Rupert Andrew Scott also recently made the following trade(s):

• On Friday, April 5th, Oliver Rupert Andrew Scott purchased 28,924 shares of K3 Business Technology Group stock. The shares were purchased at an average cost of GBX 106 ($1.33) per share, for a total transaction of £30,659.44 ($38,516.88).
• On Friday, February 9th, Oliver Rupert Andrew Scott acquired 40,000 shares of K3 Business Technology Group stock. The stock was purchased at an average cost of GBX 111 ($1.39) per share, with a total value of £44,400 ($55,778.89).

K3 Business Technology Group Price Performance

LON KBT opened at GBX 103.50 ($1.30) on Wednesday. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.94 and a current ratio of 0.92. The stock has a market capitalization of £46.27 million, a P/E ratio of -2,070.00 and a beta of 0.83. The firm’s 50 day simple moving average is GBX 105.59 and its 200-day simple moving average is GBX 110.54.

About K3 Business Technology Group

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services primarily in the United Kingdom. It operates through K3 Products and Third-Party Products segments. The company offers K3|imagine, a cloud-native and technology agnostic platform; K3|fashion, a concept-to-consumer solution; K3|dataswitch, a real-time orchestration; K3|ViJi; K3|pebblestone; and K3 Legacy Solutions, as well as SYSPRO.