Made Tech Group Plc (LON:MTEC - Get Free Report)'s stock price rose 12.8% on Thursday . The company traded as high as GBX 35.70 ($0.49) and last traded at GBX 34.40 ($0.47). Approximately 248,099 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 360,733 shares. The stock had previously closed at GBX 30.50 ($0.42).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group began coverage on shares of Made Tech Group in a research report on Thursday. They issued a "buy" rating and a GBX 55 ($0.75) price objective for the company.
View Our Latest Stock Report on MTEC
Made Tech Group Stock Performance
The firm has a market cap of £55.27 million, a price-to-earnings ratio of -22.53 and a beta of 0.90. The business's 50 day moving average price is GBX 29.06 and its 200-day moving average price is GBX 27.12.
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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