Anna Vikstrom Persson Buys 1,109 Shares of Bytes Technology Group plc (LON:BYIT) Stock

Bytes Technology Group plc (LON:BYIT) insider Anna Vikstrom Persson acquired 1,109 shares of the stock in a transaction that occurred on Tuesday, June 25th. The stock was acquired at an average cost of GBX 546 ($6.93) per share, with a total value of £6,055.14 ($7,681.26).

Bytes Technology Group Trading Down 1.5 %

LON BYIT opened at GBX 546.21 ($6.93) on Wednesday. The company’s 50-day simple moving average is GBX 530.81 and its two-hundred day simple moving average is GBX 560.95. Bytes Technology Group plc has a one year low of GBX 452.60 ($5.74) and a one year high of GBX 665 ($8.44). The company has a market capitalization of £1.31 billion, a price-to-earnings ratio of 2,918.42, a price-to-earnings-growth ratio of 2.27 and a beta of 0.67. The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.98 and a current ratio of 1.08.

Bytes Technology Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, July 18th will be issued a dividend of GBX 14.70 ($0.19) per share. This represents a yield of 2.58%. This is a positive change from Bytes Technology Group’s previous dividend of $2.70. The ex-dividend date of this dividend is Thursday, July 18th. Bytes Technology Group’s dividend payout ratio (DPR) is presently 4,736.84%.

About Bytes Technology Group

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.