Made Tech Group’s (MTEC) Buy Rating Reaffirmed at Canaccord Genuity Group

Made Tech Group (LON:MTEC)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 60 price objective on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 39.21% from the stock’s previous close.

Made Tech Group Stock Performance

Shares of MTEC opened at GBX 43.10 on Tuesday. The company has a debt-to-equity ratio of 8.21, a quick ratio of 2.95 and a current ratio of 3.06. The company has a market capitalization of £64.34 million, a price-to-earnings ratio of 37.16 and a beta of 1.04. The company’s 50 day simple moving average is GBX 37.03 and its 200 day simple moving average is GBX 37.67. Made Tech Group has a 1 year low of GBX 26 and a 1 year high of GBX 46.

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.