GBST (ASX:GBT) Shares Down 2.8%

GBST (ASX:GBT) Shares Down 2.8%

GBST Holdings Limited (ASX:GBT) traded down 2.8% during trading on Monday . The company traded as low as A$3.46 ($2.45) and last traded at A$3.47 ($2.46), 62,774 shares traded hands during mid-day trading. The stock had previously closed at A$3.57 ($2.53).

The firm’s 50 day simple moving average is A$2.99. The stock has a market cap of $235.66 million and a price-to-earnings ratio of 31.55.

In related news, insider Robert De Dominicis 462,322 shares of the company’s stock in a transaction that occurred on Monday, July 15th.

GBST Holdings Limited provides custom technology solutions for the financial service sector in Australia, the United Kingdom, North America, and Asia. The company offers GBST Syn~ shares and derivatives platforms, which are used as middle-office and back-office equities and derivatives system; and Emu Design to provide independent financial data and digital agency services for interactive Website design, development, hosting, e-commerce platforms, and mobile and social networking solutions.

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