Tekcapital (LON:TEK) Stock Price Down 10% – Time to Sell?

Shares of Tekcapital plc (LON:TEKGet Free Report) were down 10% on Monday . The company traded as low as GBX 8.10 and last traded at GBX 8.10. Approximately 631,034 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 1,437,397 shares. The stock had previously closed at GBX 9.

Tekcapital Stock Down 10.0%

The business has a 50-day simple moving average of GBX 9.95 and a 200-day simple moving average of GBX 9.23. The stock has a market cap of £19.31 million, a P/E ratio of 2.70 and a beta of 0.80.

Tekcapital Company Profile

(Get Free Report)

Tekcapital is a holding company that creates value from investing in new, university-developed discoveries that can enhance people’s lives. Tekcapital also provides a range of technology transfer services to help organisations evaluate and commercialise new technologies.

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