Tekcapital (LON:TEK) Shares Down 16.5% – Here’s Why

Tekcapital plc (LON:TEKGet Free Report)’s share price fell 16.5% on Tuesday . The stock traded as low as GBX 8 and last traded at GBX 8.68. 5,639,905 shares changed hands during trading, an increase of 421% from the average session volume of 1,082,923 shares. The stock had previously closed at GBX 10.40.

Tekcapital Stock Down 16.3%

The firm has a market cap of £20.74 million, a P/E ratio of 2.90 and a beta of 0.80. The business has a fifty day moving average of GBX 9.98 and a 200 day moving average of GBX 9.20.

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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