Does K3 Business Technology Group plc Have Any Gas After Today’s Huge Decline?

 Does K3 Business Technology Group plc Have Any Gas After Today's Huge Decline?

The stock of K3 Business Technology Group plc (LON:KBT) is a huge mover today! The stock decreased 6.02% or GBX 20.5 on November 7, hitting GBX 320. About 31,566 shares traded hands or 87.87% up from the average. K3 Business Technology Group plc (LON:KBT) has declined 2.87% since April 11, 2016 and is downtrending. It has underperformed by 4.83% the S&P500.
The move comes after 9 months negative chart setup for the GBX 115.36 million company. It was reported on Nov, 7 by Barchart.com. We have GBX 281.60 PT which if reached, will make LON:KBT worth GBX 13.84M less.

Another recent and important K3 Business Technology Group plc (LON:KBT) news was published by Reuters.com which published an article titled: “BRIEF-K3 Business Technology appoints new CEO” on September 23, 2016.

K3 Business Technology Group plc is a well-known provider of integrated business solutions. The company has a market cap of 115.36 million GBP. The Company’s business solutions encompass Enterprise Resource Planning software, Customer Relationship Management (CRM) software, Business Intelligence and e-commerce, hosting and managed services to the supply chain sector. It has a 25.97 P/E ratio. The Company’s divisions include Retail, and Manufacturing and Distribution.

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