Canaccord Genuity Group started coverage on shares of Made Tech Group (LON:MTEC - Free Report) in a research note published on Thursday,London Stock Exchange reports. The brokerage issued a buy rating and a GBX 55 ($0.75) price target on the stock.
Made Tech Group Trading Up 2.8%
MTEC traded up GBX 1 ($0.01) on Thursday, reaching GBX 37 ($0.51). The stock had a trading volume of 1,633,714 shares, compared to its average volume of 385,642. Made Tech Group has a 12-month low of GBX 14.50 ($0.20) and a 12-month high of GBX 38.28 ($0.53). The business's 50-day moving average price is GBX 29.06 and its two-hundred day moving average price is GBX 27.12. The company has a market cap of £55.27 million, a P/E ratio of -22.53 and a beta of 0.90.
About Made Tech Group
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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.
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