Made Tech Group (LON:MTEC) Shares Up 10.4%

Made Tech Group Plc (LON:MTEC)’s stock price shot up 10.4% during trading on Monday . The company traded as high as GBX 18.35 ($0.24) and last traded at GBX 17.60 ($0.23). 431,746 shares traded hands during trading, a decline of 37% from the average session volume of 681,801 shares. The stock had previously closed at GBX 15.94 ($0.21).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “not rated” rating on shares of Made Tech Group in a research note on Thursday, June 27th.

Made Tech Group Trading Up 10.4 %

The company has a quick ratio of 2.95, a current ratio of 2.93 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average price is GBX 18.16 and its 200-day moving average price is GBX 14.73. The stock has a market capitalization of £26.28 million, a P/E ratio of -1,587.50 and a beta of 0.90.

About Made Tech Group

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform.