Big Technologies (LON:BIG) Stock Price Down 4% - Here's What Happened

Shares of Big Technologies PLC (LON:BIG - Get Free Report) traded down 4% during mid-day trading on Wednesday . The stock traded as low as GBX 131.50 ($1.69) and last traded at GBX 132.50 ($1.71). 254,173 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 465,714 shares. The stock had previously closed at GBX 138 ($1.78).

Big Technologies Price Performance

The stock has a 50 day moving average price of GBX 123.92 and a 200-day moving average price of GBX 135.85. The company has a debt-to-equity ratio of 1.41, a current ratio of 13.12 and a quick ratio of 7.23. The stock has a market capitalization of £388.20 million, a price-to-earnings ratio of 3,350.00 and a beta of 0.51.

Insiders Place Their Bets

In other Big Technologies news, insider Charles James John Lewinton sold 150,000 shares of the company's stock in a transaction dated Friday, September 27th. The shares were sold at an average price of GBX 124 ($1.60), for a total value of £186,000 ($239,351.43). Also, insider Daren John Morris sold 55,000 shares of the stock in a transaction dated Monday, September 30th. The stock was sold at an average price of GBX 124 ($1.60), for a total transaction of £68,200 ($87,762.19). Over the last 90 days, insiders have sold 650,000 shares of company stock valued at $82,335,000. Insiders own 52.52% of the company's stock.

Big Technologies Company Profile

Big Technologies PLC, together with its subsidiaries, engages in the development and delivery of remote monitoring technologies and services to the offender and remote personal monitoring industry under the Buddi brand name in the Americas, Europe, and the Asia-Pacific. The company's criminal justice solution includes proprietary cloud-based monitoring software platform with modular hardware that allow real time monitoring.