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TMT Investments (LON:TMT) Reaches New 1-Year Low - Time to Sell?

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TMT Investments PLC (LON:TMT - Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 2.60 ($0.03) and last traded at GBX 2.66 ($0.03), with a volume of 14328 shares trading hands. The stock had previously closed at GBX 2.63 ($0.03).

TMT Investments Price Performance

The company's 50 day moving average is GBX 2.90 and its 200 day moving average is GBX 3.07. The stock has a market cap of £84.20 million, a price-to-earnings ratio of 5.96 and a beta of 1.82.

TMT Investments Company Profile

(Get Free Report)

Admitted to AIM in 2010, TMT Investments Plc manages a global investment portfolio of over 50 tech companies focused primarily on Big Data/Cloud, SaaS (software-as-a-service), Mobility, and FinTech and representing net assets of US$208 million at end December 2023. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation.

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