GetBusy (LON:GETB) Reaches New 52-Week High – Here’s Why

GetBusy plc (LON:GETB)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 93 and last traded at GBX 87.50, with a volume of 65292 shares trading hands. The stock had previously closed at GBX 84.

GetBusy Stock Down 4.8%

The firm has a market capitalization of £45.37 million, a P/E ratio of 447.50 and a beta of 0.35. The company has a fifty day simple moving average of GBX 77.40 and a 200 day simple moving average of GBX 67.80. The company has a quick ratio of 0.44, a current ratio of 0.36 and a debt-to-equity ratio of -57.60.

Insider Transactions at GetBusy

In other news, insider Clive Alan Rabie acquired 270,000 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The shares were bought at an average cost of GBX 71 per share, with a total value of £191,700. 38.50% of the stock is currently owned by insiders.

About GetBusy

GetBusy plc, through its subsidiaries, develops and sells document and task management software products in the United Kingdom, the United States, Australia, and New Zealand. The company offers Workiro and Virtual Cabinet for document workflow management, client portals, and digital signatures; SmartVault for enterprise content management; and HELLOPLAN for meeting scheduling and management. It also provides a range of tools and end-to-end workflows, such as digital asset and document management, tailored templates, quotes/proposal development, form-fill, authentication, e-signatures and approvals, workflow and task management, chat, and complex digital certification.