TMT Investments (LON:TMT) Reaches New 12-Month Low – Here’s Why

Shares of TMT Investments PLC (LON:TMTGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.70 ($0.04), with a volume of 58883 shares changing hands. The stock had previously closed at GBX 2.69 ($0.03).

TMT Investments Price Performance

The company’s 50-day simple moving average is GBX 2.86 and its two-hundred day simple moving average is GBX 3.05. The firm has a market capitalization of £84.82 million, a P/E ratio of 6.00 and a beta of 1.82.

TMT Investments Company Profile

(Get Free Report)

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 and representing net assets of US$208 million at end December 2023. The Company’s objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation.

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