Bytes Technology Group plc (LON:BYIT - Get Free Report) announced a dividend on Tuesday, October 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 7th will be paid a dividend of GBX 3.10 ($0.04) per share on Friday, November 22nd. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, November 7th. The official announcement can be accessed at this link.
Bytes Technology Group Stock Performance
LON:BYIT traded down GBX 19.40 ($0.25) during mid-day trading on Tuesday, reaching GBX 473.80 ($6.19). 2,921,545 shares of the company's stock were exchanged, compared to its average volume of 864,952. 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 capitalization of £1.14 billion, a PE ratio of 2,490.53, a price-to-earnings-growth ratio of 2.27 and a beta of 0.65. Bytes Technology Group has a one year low of GBX 433.80 ($5.66) and a one year high of GBX 665 ($8.68). The business's fifty day simple moving average is GBX 484.02 and its two-hundred day simple moving average is GBX 507.29.
Insider Transactions at Bytes Technology Group
In other Bytes Technology Group news, insider Andrew Holden sold 5,169 shares of the stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of GBX 496 ($6.48), for a total transaction of £25,638.24 ($33,479.03). In other Bytes Technology Group news, insider Andrew Holden sold 5,169 shares of the stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of GBX 496 ($6.48), for a total transaction of £25,638.24 ($33,479.03). Also, insider Sam Mudd acquired 5,000 shares of Bytes Technology Group stock in a transaction dated Thursday, August 1st. The shares were bought at an average cost of GBX 506 ($6.61) per share, with a total value of £25,300 ($33,037.35). 9.51% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "buy" rating on shares of Bytes Technology Group in a research note on Tuesday.
View Our Latest Analysis on BYIT
About Bytes Technology Group
(
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Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services.
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