Bytes Technology Group (LON:BYIT) Sets New 12-Month Low at $433.80

Shares of Bytes Technology Group plc (LON:BYIT) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 433.80 ($5.73) and last traded at GBX 458.40 ($6.06), with a volume of 394827 shares. The stock had previously closed at GBX 457.80 ($6.05).

Bytes Technology Group Price Performance

The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.98 and a current ratio of 1.08. The company has a market capitalization of £1.11 billion, a P/E ratio of 2,421.05, a P/E/G ratio of 2.27 and a beta of 0.65. The firm’s fifty day moving average is GBX 479.78 and its 200 day moving average is GBX 513.55.

Insider Buying and Selling at Bytes Technology Group

In other news, insider Ross Paterson bought 6,429 shares of the stock in a transaction on Thursday, June 20th. The stock was acquired at an average cost of GBX 572 ($7.56) per share, for a total transaction of £36,773.88 ($48,578.44). In other Bytes Technology Group news, insider Ross Paterson purchased 6,429 shares of Bytes Technology Group stock in a transaction dated Thursday, June 20th. The stock was acquired at an average price of GBX 572 ($7.56) per share, for a total transaction of £36,773.88 ($48,578.44). Also, insider Anna Vikstrom Persson acquired 1,109 shares of the company’s stock in a transaction dated Tuesday, June 25th. The shares were acquired at an average price of GBX 546 ($7.21) per share, for a total transaction of £6,055.14 ($7,998.86). Insiders purchased a total of 12,538 shares of company stock valued at $6,812,902 in the last three months. Company insiders own 9.52% of the company’s stock.

About Bytes Technology Group

Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services.