GetBusy (LON:GETB) Shares Up 2.9% – Here’s What Happened

GetBusy plc (LON:GETB) shares traded up 2.9% during trading on Wednesday . The stock traded as high as GBX 88 and last traded at GBX 88. 36,003 shares were traded during trading, a decline of 41% from the average session volume of 61,363 shares. The stock had previously closed at GBX 85.50.

GetBusy Stock Performance

The company has a 50 day simple moving average of GBX 79.31 and a 200-day simple moving average of GBX 71.10. The stock has a market capitalization of £44.61 million, a price-to-earnings ratio of 440.00 and a beta of 0.35. 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 bought 270,000 shares of the stock in a transaction dated Friday, November 28th. The stock was bought at an average price of GBX 71 per share, for a total transaction of £191,700. 38.50% of the stock is owned by corporate 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.