GetBusy (LON:GETB) Hits New 52-Week High Following Insider Buying Activity

GetBusy plc (LON:GETB)’s share price reached a new 52-week high during trading on Friday following insider buying activity. The stock traded as high as GBX 64 ($0.87) and last traded at GBX 64 ($0.87), with a volume of 190310 shares traded. The stock had previously closed at GBX 60 ($0.81).

Specifically, insider Paul Haworth bought 5,000 shares of the stock in a transaction dated Thursday, September 11th. The shares were acquired at an average cost of GBX 61 per share, with a total value of £3,050. Also, insider Paul Haworth purchased 7,695 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was acquired at an average price of GBX 61 per share, with a total value of £4,693.95. In other GetBusy news, insider Paul Haworth purchased 10,000 shares of GetBusy stock in a transaction that occurred on Thursday, September 11th. The stock was bought at an average price of GBX 61 per share, with a total value of £6,100.

GetBusy Stock Performance

The company has a market capitalization of £32.44 million, a price-to-earnings ratio of 3,926.38 and a beta of 0.35. The firm has a fifty day simple moving average of GBX 54 and a 200 day simple moving average of GBX 51.29. The company has a debt-to-equity ratio of -57.60, a current ratio of 0.36 and a quick ratio of 0.44.

GetBusy (LON:GETB) last released its quarterly earnings results on Tuesday, September 9th. The company reported GBX (1.22) earnings per share (EPS) for the quarter. GetBusy had a net margin of 2.48% and a negative return on equity of 17.71%. On average, analysts anticipate that GetBusy plc will post 0.0783995 earnings per share for the current fiscal year.

About GetBusy

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.