Tekcapital (LON:TEK) Trading Up 16.3% – Here’s Why

Tekcapital plc (LON:TEKGet Free Report) shares rose 16.3% during mid-day trading on Thursday . The company traded as high as GBX 8.74 ($0.11) and last traded at GBX 8.73 ($0.11). Approximately 1,015,764 shares traded hands during trading, an increase of 22% from the average daily volume of 835,286 shares. The stock had previously closed at GBX 7.50 ($0.10).

Tekcapital Price Performance

The firm has a market capitalization of £16.29 million, a price-to-earnings ratio of 150.00 and a beta of 0.80. The business’s 50-day moving average price is GBX 7.18 and its 200 day moving average price is GBX 8.34.

Tekcapital Company Profile

(Get Free Report)

Tekcapital plc, together with its subsidiaries, provides a range of technology transfer services to universities and corporate clients in the United Kingdom and the United States. The company offers Microsalt, a micron-sized salt crystal that provide the flavor of salt with half of the sodium; and low-sodium snacks under the SaltMe! brand.

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