Bytes Technology Group plc (LON:BYIT - Get Free Report) insider Ross Paterson bought 2,800 shares of the company's stock in a transaction dated Monday, January 20th. The stock was bought at an average cost of GBX 427 ($5.26) per share, with a total value of £11,956 ($14,740.48).
Bytes Technology Group Stock Performance
Shares of BYIT stock traded up GBX 2.80 ($0.03) during trading hours on Tuesday, reaching GBX 432.80 ($5.34). The company had a trading volume of 935,397 shares, compared to its average volume of 1,533,501. The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.98 and a current ratio of 1.08. The firm has a market cap of £1.04 billion, a PE ratio of 2,277.89, a price-to-earnings-growth ratio of 2.27 and a beta of 0.65. The business has a fifty day moving average price of GBX 438.29 and a 200-day moving average price of GBX 469.37. Bytes Technology Group plc has a one year low of GBX 405 ($4.99) and a one year high of GBX 665 ($8.20).
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on BYIT shares. Shore Capital reaffirmed a "buy" rating on shares of Bytes Technology Group in a research report on Tuesday, October 15th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 640 ($7.89) target price on shares of Bytes Technology Group in a research report on Tuesday, October 15th.
Read Our Latest Analysis on BYIT
About Bytes Technology Group
(
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With a 40-year track record, Bytes Technology Group is one of the UK's leading providers of software, security and cloud services. We enable effective and cost-efficient technology sourcing, adoption and management across software, security, hardware and cloud services.
Our strong relationships with many of the world's largest software companies enable our specialist staff to deliver the latest technology to a diverse and embedded customer base.
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