Bytes Technology Group plc (LON:BYIT – Get Rating) insider Neil Murphy acquired 12,873 shares of the stock in a transaction dated Wednesday, February 1. The stock was purchased at an average price of GBX 394 ($4.87) per share, with a total value of £50,719.62 ($62,640.01).
→ Know Your Earnings Potential BEFORE You Go into Business! (From Tradewins)
Neil Murphy also recently made the following trade(s):
- On Friday, January 6th, Neil Murphy purchased 6,531 shares of Bytes Technology Group stock. The stock was acquired at an average price of GBX 381 ($4.71) per share, with a total value of £24,883.11 ($30,731.27).
Bytes Technology Group Trading Up 0.8 %
LON BYIT opened at GBX 390.20 ($4.82) on Thursday. Bytes Technology Group plc has a fifty-two week low of GBX 355.60 ($4.39) and a fifty-two week high of GBX 512 ($6.32). The stock has a market cap of £934.46 million and a P/E ratio of 2,601.33. The stock has a 50 day simple moving average of GBX 398.84 and a two hundred day simple moving average of GBX 413.36. The company has a debt-to-equity ratio of 2.36, a quick ratio of 0.98 and a current ratio of 0.99.
Rate the Wall Street Analyst
Several research firms recently commented on BYIT. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 500 ($6.18) price target on shares of Bytes Technology Group in a report on Friday, October 28th. Barclays restated an “overweight” rating and issued a GBX 640 ($7.90) target price on shares of Bytes Technology Group in a research note on Friday, October 28th.
About Bytes Technology Group
(Get Rating)
Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, other parts 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.
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