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Made Tech Group (LON:MTEC) Reaches New 1-Year High - Time to Buy?

Made Tech Group logo with Computer and Technology background

Made Tech Group Plc (LON:MTEC - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 38.50 ($0.52) and last traded at GBX 38.50 ($0.52), with a volume of 904814 shares. The stock had previously closed at GBX 36 ($0.48).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 55 ($0.74) price target on shares of Made Tech Group in a report on Tuesday, July 8th.

Read Our Latest Research Report on Made Tech Group

Made Tech Group Price Performance

The business has a 50-day simple moving average of GBX 31.22 and a 200 day simple moving average of GBX 28.05. The firm has a market cap of £56.76 million, a PE ratio of -23.14 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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Should You Invest $1,000 in Made Tech Group Right Now?

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