Shares of Bytes Technology Group plc (LON:BYIT – Get Rating) traded down 0.8% during mid-day trading on Friday . The company traded as low as GBX 365.40 ($4.45) and last traded at GBX 369 ($4.50). 1,032,880 shares were traded during trading, an increase of 86% from the average session volume of 553,897 shares. The stock had previously closed at GBX 371.80 ($4.53).
Bytes Technology Group Price Performance
The firm has a market cap of £883.68 million, a price-to-earnings ratio of 2,460.00, a price-to-earnings-growth ratio of 2.27 and a beta of 0.86. The company has a debt-to-equity ratio of 2.36, a current ratio of 0.99 and a quick ratio of 0.98. The stock’s fifty day moving average price is GBX 399.02 and its 200-day moving average price is GBX 404.59.
Insider Buying and Selling at Bytes Technology Group
In related news, insider Neil Murphy acquired 12,873 shares of the company’s stock in a transaction on Wednesday, February 1st. The shares were purchased at an average price of GBX 394 ($4.80) per share, for a total transaction of £50,719.62 ($61,815.50). Company insiders own 11.09% of the company’s stock.
About Bytes Technology Group
Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services.
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