Made Tech Group (LON:MTEC) Trading Up 1.7% – Here’s Why

Made Tech Group Plc (LON:MTEC)’s stock price was up 1.7% on Tuesday . The stock traded as high as GBX 15 ($0.20) and last traded at GBX 15 ($0.20). Approximately 815,646 shares traded hands during mid-day trading, an increase of 25% from the average daily volume of 655,128 shares. The stock had previously closed at GBX 14.75 ($0.19).

Analyst Ratings Changes

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

Made Tech Group Trading Up 1.7 %

The company has a current ratio of 2.93, a quick ratio of 2.95 and a debt-to-equity ratio of 0.32. The company has a 50 day simple moving average of GBX 17.34 and a 200 day simple moving average of GBX 15.60. The stock has a market capitalization of £22.39 million, a PE ratio of -1,500.00 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.