GS Chain (LON:GSC) Stock Price Down 9.7% – Here’s Why

GS Chain plc (LON:GSCGet Free Report)’s share price was down 9.7% during trading on Wednesday . The company traded as low as GBX 1.18 ($0.01) and last traded at GBX 1.40 ($0.02). Approximately 629,001 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 1,411,828 shares. The stock had previously closed at GBX 1.55 ($0.02).

GS Chain Stock Performance

The firm has a 50-day moving average of GBX 1.39 and a two-hundred day moving average of GBX 1.04.

GS Chain (LON:GSCGet Free Report) last issued its quarterly earnings results on Friday, November 1st. The company reported GBX (0.09) ($0.00) EPS for the quarter.

GS Chain Company Profile

(Get Free Report)

GS Chain Plc (LSE: GSC) seeks to identify an opportunity within the technology sector, conduct the necessary due diligence and subsequently complete an acquisition that would benefit its shareholders.

While the Board of Directors’ experience spans across a wide range of business sectors, the board will focus its energy in the technology space; specifically targeting a company that leverages state of the art technology in automotive, fintech, real estate, banking, finance, telecommunications, or blockchain industries.

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