Made Tech Group (LON:MTEC) Shares Down 1.8%

Made Tech Group Plc (LON:MTECGet Rating)’s stock price dropped 1.8% during trading on Thursday . The stock traded as low as GBX 27.70 ($0.33) and last traded at GBX 28 ($0.33). Approximately 556,873 shares traded hands during trading, an increase of 32% from the average daily volume of 421,665 shares. The stock had previously closed at GBX 28.50 ($0.34).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 75 ($0.89) price objective on shares of Made Tech Group in a research note on Friday, August 19th.

Made Tech Group Price Performance

The company has a debt-to-equity ratio of 2.16, a current ratio of 2.95 and a quick ratio of 2.95. The firm’s 50 day moving average is GBX 24.14 and its 200 day moving average is GBX 30.72. The firm has a market cap of £41.80 million and a P/E ratio of -56.00.

About Made Tech Group

(Get Rating)

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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