Getech Group (LON:GTC) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Getech Group plc (LON:GTC) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.87 ($0.03) and traded as low as GBX 1.64 ($0.02). Getech Group shares last traded at GBX 1.64 ($0.02), with a volume of 1,079 shares trading hands.

Getech Group Trading Down 3.3%

The company has a market cap of £2.57 million, a price-to-earnings ratio of -0.36 and a beta of 0.88. The company has a debt-to-equity ratio of 4.05, a current ratio of 0.83 and a quick ratio of 3.50. The firm’s fifty day moving average price is GBX 1.76 and its 200-day moving average price is GBX 1.87.

Getech Group (LON:GTC) last announced its quarterly earnings results on Tuesday, May 6th. The company reported GBX (1.66) (($0.02)) earnings per share (EPS) for the quarter. Getech Group had a negative net margin of 72.42% and a negative return on equity of 77.95%. On average, equities analysts expect that Getech Group plc will post 0.2 EPS for the current fiscal year.

Insider Activity

In other news, insider Christopher Paul Jepps sold 950,000 shares of the business’s stock in a transaction on Monday, June 9th. The shares were sold at an average price of GBX 2 ($0.03), for a total transaction of £19,000 ($25,496.51). Corporate insiders own 19.71% of the company’s stock.

Getech Group Company Profile

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.