NetScientific (LON:NSCI) Stock Crosses Above 50 Day Moving Average of $65.90

NetScientific plc (LON:NSCI) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 65.90 ($0.84) and traded as high as GBX 76 ($0.97). NetScientific shares last traded at GBX 74.50 ($0.95), with a volume of 15,377 shares changing hands.

NetScientific Trading Down 2.0 %

The company has a market cap of £17.84 million, a price-to-earnings ratio of -573.08 and a beta of 1.47. The company has a debt-to-equity ratio of 10.88, a quick ratio of 1.84 and a current ratio of 0.31. The company’s fifty day moving average is GBX 65.90 and its two-hundred day moving average is GBX 64.56.

Insider Activity at NetScientific

In other news, insider Edward Hooper acquired 20,000 shares of the firm’s stock in a transaction dated Thursday, June 13th. The stock was acquired at an average cost of GBX 68 ($0.86) per share, with a total value of £13,600 ($17,280.81). Insiders own 39.98% of the company’s stock.

About NetScientific

NetScientific plc (AIM: NSCI) is a deep tech and life sciences VC investment group with an international portfolio of innovative companies.

NetScientific identifies, invests in, and builds high growth companies in the UK and internationally. The company adds value through the proactive management of its portfolio, progressing to key value inflection points, and delivering investment returns through partial or full liquidity events.

NetScientific differentiates itself by employing a capital-light investment approach, making judicial use of its balance sheet and syndicating investments through its wholly owned VC subsidiary, EMV Capital.