Bytes Technology Group (LON:BYIT - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Shore Capital in a research note issued on Tuesday, Marketbeat reports.
Bytes Technology Group Trading Down 3.9 %
Shares of Bytes Technology Group stock traded down GBX 19.40 ($0.25) during trading hours 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. Bytes Technology Group has a 52-week low of GBX 433.80 ($5.66) and a 52-week high of GBX 665 ($8.68). The company has a fifty day moving average of GBX 483.96 and a 200-day moving average of GBX 507.03. The company has a current ratio of 1.08, a quick ratio of 0.98 and a debt-to-equity ratio of 3.50. The firm has a market capitalization of £1.14 billion, a price-to-earnings ratio of 2,493.68, a price-to-earnings-growth ratio of 2.27 and a beta of 0.65.
Insider Transactions at Bytes Technology Group
In related news, insider Sam Mudd purchased 5,000 shares of the business's stock in a transaction on Thursday, August 1st. The shares were bought at an average price of GBX 506 ($6.61) per share, with a total value of £25,300 ($33,037.35). In related news, insider Andrew Holden sold 5,169 shares of the stock in a transaction that occurred on Wednesday, July 17th. The shares were 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 purchased 5,000 shares of the business's stock in a transaction that occurred on Thursday, August 1st. The stock was acquired at an average price of GBX 506 ($6.61) per share, for a total transaction of £25,300 ($33,037.35). Insiders own 9.51% of the company's stock.
Bytes Technology Group Company Profile
(
Get Free Report)
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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