TMT Investments (LON:TMT) Trading 3.8% Higher - Should You Buy?

Key Points

• TMT Investments PLC's stock price increased by 3.8% during trading, reaching GBX 3.05 ($0.04) at its peak on Tuesday.
• The company has a market capitalization of £95.51 million and a PE ratio of 6.76, indicating its profitability relative to its share price.
• TMT Investments, which manages a portfolio of over 50 tech companies, focuses on sectors like Big Data, SaaS, and FinTech, showcasing a strong commitment to generating returns for shareholders.

TMT Investments PLC (LON:TMT - Get Free Report)'s stock price shot up 3.8% during mid-day trading on Tuesday . The company traded as high as GBX 3.05 ($0.04) and last traded at GBX 3.04 ($0.04). 22,723 shares changed hands during trading, an increase of 64% from the average session volume of 13,840 shares. The stock had previously closed at GBX 2.93 ($0.04).

TMT Investments Trading Up 4.9%

The firm has a market cap of £100.53 million, a price-to-earnings ratio of 7.11 and a beta of 1.82. The stock has a 50-day moving average of GBX 2.63 and a 200-day moving average of GBX 2.60.

About TMT Investments

Admitted to AIM in 2010, TMT Investments Plc manages a global investment portfolio of over 50 tech companies focused primarily on Big Data/Cloud, SaaS (software-as-a-service), Mobility, and FinTech, representing net assets of US$206 million at end December 2024. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation.