TMT Investments (LON:TMT) Hits New 52-Week Low – What’s Next?

TMT Investments PLC (LON:TMTGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 2.47 ($0.03) and last traded at GBX 2.48 ($0.03), with a volume of 104395 shares. The stock had previously closed at GBX 2.54 ($0.03).

TMT Investments Stock Down 2.4 %

The stock’s 50 day moving average price is GBX 2.79 and its two-hundred day moving average price is GBX 2.99. The stock has a market cap of £77.91 million, a price-to-earnings ratio of 5.51 and a beta of 1.82.

TMT Investments Company Profile

(Get Free Report)

Admitted to AIM in 2010, TMT Investments Plc manages a global investment portfolio of over 50 tech companies focused primarily on Big Data/Cloud, SaaS (software-as-a-service), Mobility, and FinTech and representing net assets of US$208 million at end December 2023. The Company’s objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation.

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