Deepmatter Group PLC (LON:DMTR) shares were down 2.3% during trading on Wednesday . The stock traded as low as GBX 2.20 ($0.03) and last traded at GBX 2.10 ($0.03), approximately 10,000 shares traded hands during trading. A decline of 77% from the average daily volume of 43,698 shares. The stock had previously closed at GBX 2.15 ($0.03).
The business has a 50-day simple moving average of GBX 1.96 and a two-hundred day simple moving average of GBX 2.52. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.15 and a current ratio of 6.15. The company has a market capitalization of $14.22 million and a price-to-earnings ratio of -5.00.
In other news, insider James Ede-Golightly sold 2,324,544 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of GBX 2 ($0.03), for a total value of £46,490.88 ($61,156.12).
Deepmatter Group Plc is a big data and analysis company which has built a platform – DigitalGlassware™, focused on enabling reproducibility in chemistry. They focus on the discovery, development, and manufacture of small molecules and nano-materials. It is involved in digitization of chemical space coupled with chemical drug discovery.
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