TMT Investments (LON:TMT) Shares Up 5.4% – Here’s Why

TMT Investments PLC (LON:TMT)’s stock price shot up 5.4% during trading on Friday . The stock traded as high as GBX 2.94 and last traded at GBX 2.94. 11 shares traded hands during trading, a decline of 100% from the average session volume of 17,138 shares. The stock had previously closed at GBX 2.79.

TMT Investments Price Performance

The firm’s 50 day simple moving average is GBX 2.76 and its 200-day simple moving average is GBX 2.80. The company has a market cap of £919,955.40, a price-to-earnings ratio of 0.16 and a beta of 1.82.

TMT Investments Company Profile

Admitted to AIM in 2010, TMT Investments Plc manages a global investment portfolio of over 50 tech companies focused primarily on Big Data/Cloud, SaaS (software-as-a-service), Mobility, and FinTech, representing net assets of US$206 million at end December 2024. The Company’s objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. It seeks to realize its investments through the sale or merger of a company; the sale of securities of a company by means of public or private offerings; or the disposal of public equity investments through the stock exchanges on which they are listed.

Since inception, TMT’s portfolio has generated US$111m worth of full and partial profitable exits and a 14.5% IRR (internal rate of return).