Big Technologies (LON:BIG) Shares Down 4% – Here’s Why

Big Technologies PLC (LON:BIG) shares fell 4% on Wednesday . The company traded as low as GBX 131.50 ($1.66) and last traded at GBX 132.50 ($1.67). 254,173 shares were traded during mid-day trading, a decline of 45% from the average session volume of 465,714 shares. The stock had previously closed at GBX 138 ($1.74).

Big Technologies Price Performance

The firm’s fifty day moving average is GBX 124.43 and its 200-day moving average is GBX 135.82. The company has a market capitalization of £388.20 million, a P/E ratio of 3,347.83 and a beta of 0.51. The company has a debt-to-equity ratio of 1.41, a quick ratio of 7.23 and a current ratio of 13.12.

Insider Buying and Selling at Big Technologies

In other Big Technologies news, insider Daren John Morris sold 200,000 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of GBX 130 ($1.64), for a total value of £260,000 ($327,662.26). Also, insider Sara Elizabeth Murray acquired 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was bought at an average cost of GBX 108 ($1.36) per share, for a total transaction of £108,000 ($136,105.86). Over the last three months, insiders sold 650,000 shares of company stock worth $82,335,000. 52.52% of the stock is currently owned by insiders.

Big Technologies Company Profile

Big Technologies PLC, together with its subsidiaries, engages in the development and delivery of remote monitoring technologies and services to the offender and remote personal monitoring industry under the Buddi brand name in the Americas, Europe, and the Asia-Pacific. The company's criminal justice solution includes proprietary cloud-based monitoring software platform with modular hardware that allow real time monitoring.