GS Chain (LON:GSC) Trading Up 19.4% – Here’s What Happened

GS Chain plc (LON:GSC) was up 19.4% during trading on Friday . The company traded as high as GBX 0.39 ($0.01) and last traded at GBX 0.39 ($0.01). Approximately 109,017 shares traded hands during trading, a decline of 88% from the average daily volume of 936,440 shares. The stock had previously closed at GBX 0.33 ($0.00).

GS Chain Trading Up 19.4%

The stock’s 50 day moving average price is GBX 0.36 and its 200 day moving average price is GBX 0.53. The company has a market cap of £1.55 million and a price-to-earnings ratio of -554.29.

About GS Chain

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.