GS Chain (LON:GSC) Shares Down 18.6% – Time to Sell?

Shares of GS Chain plc (LON:GSCGet Free Report) traded down 18.6% on Thursday . The stock traded as low as GBX 1.43 ($0.02) and last traded at GBX 1.43 ($0.02). 727,500 shares were traded during mid-day trading, a decline of 64% from the average session volume of 2,042,624 shares. The stock had previously closed at GBX 1.75 ($0.02).

GS Chain Trading Down 18.6 %

The business’s fifty day simple moving average is GBX 1.29 and its 200-day simple moving average is GBX 0.99.

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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