Made Tech Group’s (MTEC) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Made Tech Group (LON:MTEC) in a research report released on Tuesday morning,Digital Look reports. Canaccord Genuity Group currently has a GBX 60 price objective on the stock.

Made Tech Group Price Performance

Shares of MTEC stock opened at GBX 43.44 on Tuesday. The firm has a market cap of £64.85 million, a P/E ratio of 37.45 and a beta of 1.04. Made Tech Group has a fifty-two week low of GBX 26 and a fifty-two week high of GBX 46. The business’s 50 day moving average price is GBX 37.28 and its 200-day moving average price is GBX 37.77. The company has a debt-to-equity ratio of 8.21, a quick ratio of 2.95 and a current ratio of 3.06.

Made Tech Group Company Profile

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. It serves central and local government, housing, health and care, transport, and education; police, justice, and emergency; and space, defense, and security sectors.