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Made Tech Group (LON:MTEC) Given "Buy" Rating at Canaccord Genuity Group

Made Tech Group logo with Computer and Technology background

Canaccord Genuity Group restated their buy rating on shares of Made Tech Group (LON:MTEC - Free Report) in a report published on Tuesday morning, MarketBeat.com reports. They currently have a GBX 55 ($0.74) price objective on the stock.

Made Tech Group Trading Up 6.9%

Shares of LON:MTEC traded up GBX 2.50 ($0.03) during trading on Tuesday, reaching GBX 38.50 ($0.52). The company had a trading volume of 904,814 shares, compared to its average volume of 396,696. The company has a fifty day moving average of GBX 31.22 and a two-hundred day moving average of GBX 28.01. The stock has a market capitalization of £57.51 million, a P/E ratio of -23.44 and a beta of 0.90. Made Tech Group has a 12 month low of GBX 14.50 ($0.20) and a 12 month high of GBX 39 ($0.53).

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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