GSTechnologies (LON:GST) Stock Price Down 11.6% – Here’s Why

GSTechnologies Ltd. (LON:GST)’s stock price fell 11.6% on Monday . The company traded as low as GBX 0.32 and last traded at GBX 0.34. 1,591,118 shares changed hands during trading, a decline of 80% from the average session volume of 8,049,010 shares. The stock had previously closed at GBX 0.39.

GSTechnologies Price Performance

The company has a market cap of £7.91 million, a P/E ratio of -2.79 and a beta of 0.36. The company has a fifty day simple moving average of GBX 0.48 and a 200-day simple moving average of GBX 0.61. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.11 and a quick ratio of 4.31.

GSTechnologies Company Profile

GSTechnologies is a global technology company listed on the Main Market of the London Stock Exchange under the ticker, GST. The group operates three core businesses across blockchain payments and financial services, forex, as well as cryptoasset exchange. The group has operations in the UK, Lithuania, Singapore, and Australia.