Blancco Technology Group (LON:BLTG) Stock Rating Reaffirmed by Peel Hunt

Blancco Technology Group (LON:BLTG)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Monday, ThisIsMoney.Co.Uk reports.

Shares of LON:BLTG opened at GBX 133 ($1.74) on Monday. The company has a market capitalization of $99.10 million and a PE ratio of 38.00. Blancco Technology Group has a 1 year low of GBX 76.50 ($1.00) and a 1 year high of GBX 157 ($2.05). The stock has a fifty day simple moving average of GBX 132.30. The company has a debt-to-equity ratio of 12.97, a current ratio of 1.75 and a quick ratio of 1.73.

In other Blancco Technology Group news, insider Frank Blin acquired 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was purchased at an average cost of GBX 150 ($1.96) per share, for a total transaction of £15,000 ($19,600.16).

About Blancco Technology Group

Blancco Technology Group plc, together with its subsidiaries, provides mobile device diagnostics and data erasure services in the United States, the United Kingdom, the Asia Pacific, and internationally. It offers Blancco Drive Eraser, which erases sensitive data from HDDs and complex SSDs in PC desktop computers, laptops, and servers; Blancco Mobile Solutions, a mobile diagnostics testing and erasure solution; and Blancco File Eraser, which erases sensitive files and folders from PC desktop computers, laptops, and servers.

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