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A statement released earlier today by Numis about Matchtech Group PLC (LON:MTEC) maintains the target price at 395.00GBX

Just yesterday Matchtech Group PLC (LON:MTEC) traded 0.78% lower at 350.13GBX. Matchtech Group PLC’s 50-day average is 358.76GBX and its two hundred day moving average is 397.30GBX. The last stock close is down 4.29% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time. Volume of trade was was up over the average, with 79,912 shares of MTEC changing hands over the typical 31,402 shares..

Matchtech Group PLC (LON:MTEC) had its estimated target price maintained to 395GBX by Numis in an issued report issued 8/04/2016. The updated target price implies a possible upside of 0.13% based on the company’s previous closing price.

Previously on 7/06/2016, numis released a statement about Matchtech Group PLC(LON:MTEC) dropped the target price from 580.00GBX to 395.00GBX. At the time, this indicated a possible upside of 0.30%.

Performance Chart:

Matchtech Group PLC (LON:MTEC)

In addition to Numis reporting it’s target price, a total of 3 equity analysts have released a research note on the stock. The average target is 600.33GBX with one firm rating the stock a strong buy, 0 rating the company a buy, one analyst rating the stock a hold, 0 rating the stock to underperform, and finally 0 analysts rating the stock as sell.

With a market cap of 0.0 GBX, Matchtech Group PLC has a 52 week low of 287.00GBX and a 52 week high of 583.00GBX with a price-earnings ratio of 13.

Brief Synopsis On Matchtech Group PLC (LON:MTEC)

Gattaca plc, formerly Matchtech Group plc, is a provider of specialist recruitment services to the engineering and technology industries, both in the United Kingdom and internationally. The Company is a human capital resources business dealing with contract and permanent recruitment in the private and public sectors. It operates through three segments: Engineering, Professional Services and Networkers. The Engineering segment’s divisions include Infrastructure, Maritime, Energy, Automotive, Aerospace and General Engineering. The Infrastructure Division focuses on the United Kingdom-based projects in environmental and water engineering, highways, transportation and planning, property and rail sectors. The Professional Services segment includes Connectus, Barclay Meade and Alderwood. It provides education in regions, and such as the Middle East with the delivery of teaching in various areas. Its Networkers International is a global specialist recruitment company.

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