Made Tech Group (LON:MTEC) Shares Up 10.4%

Made Tech Group Plc (LON:MTEC) rose 10.4% during mid-day trading on Monday . The stock traded as high as GBX 18.35 ($0.24) and last traded at GBX 17.60 ($0.23). Approximately 431,746 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 681,801 shares. The stock had previously closed at GBX 15.94 ($0.21).

Analyst Ratings Changes

Separately, Shore Capital restated a “not rated” rating on shares of Made Tech Group in a research report on Thursday, June 27th.

Made Tech Group Stock Up 10.4 %

The company has a current ratio of 2.93, a quick ratio of 2.95 and a debt-to-equity ratio of 0.32. The company has a market capitalization of £26.28 million, a price-to-earnings ratio of -1,587.50 and a beta of 0.90. The firm’s fifty day simple moving average is GBX 18.16 and its two-hundred day simple moving average is GBX 14.73.

Made Tech Group Company Profile

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform.