Made Tech Group (LON:MTEC) Shares Up 13.8% – Here’s Why

Made Tech Group Plc (LON:MTECGet Free Report) shot up 13.8% on Wednesday . The stock traded as high as GBX 19 ($0.25) and last traded at GBX 18.50 ($0.24). 858,975 shares traded hands during trading, an increase of 38% from the average session volume of 623,884 shares. The stock had previously closed at GBX 16.25 ($0.21).

Made Tech Group Stock Up 13.8 %

The company has a quick ratio of 2.95, a current ratio of 4.62 and a debt-to-equity ratio of 0.32. The firm has a 50 day simple moving average of GBX 16.70 and a two-hundred day simple moving average of GBX 16.38. The stock has a market capitalization of £27.62 million, a P/E ratio of -925.00 and a beta of 0.90.

Made Tech Group Company Profile

(Get Free Report)

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.

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