Made Tech Group's (MTEC) "Buy" Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Made Tech Group (LON:MTEC - Free Report) in a research note published on Tuesday morning, MarketBeat reports. Canaccord Genuity Group currently has a GBX 55 ($0.75) target price on the stock.

Made Tech Group Stock Down 0.2%

Shares of LON MTEC traded down GBX 0.06 ($0.00) during midday trading on Tuesday, reaching GBX 36.19 ($0.49). 173,240 shares of the company were exchanged, compared to its average volume of 390,919. The stock's 50-day moving average price is GBX 30.47 and its 200-day moving average price is GBX 27.71. The stock has a market cap of £54.06 million, a P/E ratio of -22.04 and a beta of 0.90. Made Tech Group has a one year low of GBX 14.50 ($0.20) and a one year high of GBX 38.50 ($0.52).

Made Tech Group Company Profile

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.