Made Tech Group (LON:MTEC) Given Buy Rating at Canaccord Genuity Group

Made Tech Group (LON:MTEC)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 60 price objective on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 47.06% from the company’s current price.

Made Tech Group Trading Up 6.0%

Shares of MTEC opened at GBX 40.80 on Tuesday. The company has a quick ratio of 2.95, a current ratio of 3.06 and a debt-to-equity ratio of 8.21. Made Tech Group has a 12-month low of GBX 26 and a 12-month high of GBX 46. The firm has a market capitalization of £60.91 million, a PE ratio of 35.17 and a beta of 1.06. The stock’s fifty day simple moving average is GBX 38.79 and its 200-day simple moving average is GBX 37.25.

About Made Tech Group

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.