GS Chain (LON:GSC) Trading Down 0.8% – Here’s Why

GS Chain plc (LON:GSC)’s share price dropped 0.8% on Monday . The company traded as low as GBX 1 ($0.01) and last traded at GBX 1 ($0.01). Approximately 755,225 shares were traded during trading, a decline of 48% from the average daily volume of 1,453,836 shares. The stock had previously closed at GBX 1.01 ($0.01).

GS Chain Price Performance

The stock has a market cap of £4.33 million and a PE ratio of -6.30. The stock has a 50-day moving average price of GBX 1.30 and a two-hundred day moving average price of GBX 1.15.

GS Chain Company Profile

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.