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Made Tech Group (LON:MTEC) Reaches New 12-Month High - What's Next?

Made Tech Group logo with Computer and Technology background

Made Tech Group Plc (LON:MTEC - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 38.50 ($0.53) and last traded at GBX 37.95 ($0.52), with a volume of 1076462 shares. The stock had previously closed at GBX 37.75 ($0.52).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group started coverage on shares of Made Tech Group in a research report on Thursday, June 26th. They issued a "buy" rating and a GBX 55 ($0.76) target price on the stock.

Read Our Latest Research Report on MTEC

Made Tech Group Stock Performance

The business has a 50 day simple moving average of GBX 29.59 and a 200-day simple moving average of GBX 27.30. The firm has a market capitalization of £56.68 million, a price-to-earnings ratio of -23.11 and a beta of 0.90.

Made Tech Group Company Profile

(Get Free Report)

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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