Getech Group (LON:GTC) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Getech Group plc (LON:GTC) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.14 ($0.05) and traded as low as GBX 2.20 ($0.03). Getech Group shares last traded at GBX 2.20 ($0.03), with a volume of 20,000 shares traded.

Getech Group Price Performance

The company has a 50-day moving average price of GBX 2.39 and a two-hundred day moving average price of GBX 4.14. The company has a debt-to-equity ratio of 4.05, a current ratio of 0.83 and a quick ratio of 3.50. The company has a market cap of £3.43 million, a PE ratio of -44.00 and a beta of 0.88.

Insider Transactions at Getech Group

In related news, insider Christopher Paul Jepps sold 850,000 shares of the business’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 220 ($2.78), for a total value of £1,870,000 ($2,366,190.05). Company insiders own 19.71% of the company’s stock.

Getech Group Company Profile

Getech Group plc, together with its subsidiaries, provides government advisory, geoscience, and geospatial services. It operates in three segments: Products, Services, and Asset development. The company offers ArcGIS for renewables platform for use in wind and solar projects to operate authoritative information, streamline operations, and transform data; and ArcGIS pipeline referencing to manage pipeline data, and track the status and health of pipeline assets.