K3 Business Technology Group (LON:KBT) Shares Down 1.4%

Posted by Xavier Holt on May 7th, 2024

K3 Business Technology Group plc (LON:KBT – Get Free Report)’s share price traded down 1.4% during trading on Monday . The company traded as low as GBX 102 ($1.28) and last traded at GBX 102 ($1.28). 12,553 shares traded hands during mid-day trading, an increase of 41% from the average session volume of 8,897 shares. The stock had previously closed at GBX 103.50 ($1.30).

K3 Business Technology Group Trading Down 1.4 %

The firm has a market capitalization of £45.62 million, a PE ratio of -2,040.00 and a beta of 0.83. The company has a quick ratio of 0.94, a current ratio of 0.92 and a debt-to-equity ratio of 3.65. The company’s 50-day simple moving average is GBX 105.80 and its 200 day simple moving average is GBX 110.63.

Insider Buying and Selling

In other K3 Business Technology Group news, insider Oliver Rupert Andrew Scott acquired 28,924 shares of the firm’s stock in a transaction dated Friday, April 5th. The stock was purchased at an average price of GBX 106 ($1.33) per share, for a total transaction of £30,659.44 ($38,516.88). 35.96% of the stock is currently owned by company insiders.

K3 Business Technology Group Company Profile

(Get Free Report)

K3 Business Technology Group plc, together with its subsidiaries, provides computer software and consultancy services primarily in the United Kingdom. It operates through K3 Products and Third-Party Products segments. The company offers K3|imagine, a cloud-native and technology agnostic platform; K3|fashion, a concept-to-consumer solution; K3|dataswitch, a real-time orchestration; K3|ViJi; K3|pebblestone; and K3 Legacy Solutions, as well as SYSPRO.