Tekcapital (LON:TEK) Stock Price Down 12.9% – Here’s Why

Tekcapital plc (LON:TEKGet Free Report)’s stock price dropped 12.9% during mid-day trading on Tuesday . The stock traded as low as GBX 4.09 and last traded at GBX 4.40. Approximately 7,188,109 shares traded hands during trading, an increase of 580% from the average daily volume of 1,056,729 shares. The stock had previously closed at GBX 5.05.

Tekcapital Stock Performance

The firm’s 50-day moving average price is GBX 5.89 and its 200 day moving average price is GBX 7.71. The company has a market cap of £11.32 million, a price-to-earnings ratio of -0.44 and a beta of 0.87.

Tekcapital Company Profile

(Get Free Report)

Tekcapital is a holding company that creates value from investing in new, university-developed discoveries that can enhance people’s lives. Tekcapital also provides a range of technology transfer services to help organisations evaluate and commercialise new technologies.

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