Made Tech Group (LON:MTEC) Trading Down 1.2% – Here’s Why

Made Tech Group Plc (LON:MTEC)’s share price was down 1.2% during mid-day trading on Monday . The stock traded as low as GBX 26 ($0.34) and last traded at GBX 26.10 ($0.34). Approximately 73,899 shares were traded during trading, a decline of 86% from the average daily volume of 529,680 shares. The stock had previously closed at GBX 26.42 ($0.34).

Made Tech Group Trading Up 1.0 %

The stock has a market cap of £37.70 million, a PE ratio of -15.37 and a beta of 0.90. The company’s 50 day moving average is GBX 27.62 and its 200-day moving average is GBX 22.10.

Made Tech Group (LON:MTEC) last released its quarterly earnings results on Wednesday, February 5th. The company reported GBX 0.71 ($0.01) earnings per share (EPS) for the quarter. Made Tech Group had a negative net margin of 6.36% and a negative return on equity of 18.03%. As a group, analysts forecast that Made Tech Group Plc will post 2.6199998 EPS for the current year.

About Made Tech Group

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.