Bytes Technology Group

(BYIT)
Sector: Software & Computer Services
513.00p
38.40p 8.09
Last updated: 14:36:00

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Today's buy and sell prices

The price at which you can buy a share or investment. It is usually higher than the bid (sell) price. It’s the price you are being offered. Offer 514.00p
The price at which you can sell a share or investment. It is lower than the offer (buy) price. Bid 512.50p
The difference between the bid and offer prices expressed as a percentage. When you buy shares you pay a higher price than you get when you sell them. The difference between these prices is the profit made by the market maker who puts the deals together. Spread 0.29

Today's trading

Range The lowest and the highest price a share has reached in the trading day. 479.52p-515.50p
The lowest and the highest price a share has reached in the trading day. Volume 763,939.00
The lowest and the highest price a share has reached in the trading day. Today's open 490.00p
At the end of the trading day there is an official closing price for every share. The previous session’s close is used as the base to calculate the following day’s price changes. Previous close 474.60p

Yearly summary

The highest and lowest prices the shares have traded at over a rolling 52-week period. It gives you a good indication of how the share price is performing now relative to its recent past performance. 52wk range 445.00p-657.00p

Fundamentals and health

A measure of the company's worth on the stock market. We display the previous closing share price multiplied by the number of shares in issue. Market capitalisation £1,235.51
The number of shares a company has in circulation, in millions. Shares in issue 240.39
The main valuation used by investors and a way of gauging whether a company's share price is cheap or expensive compared to competitors. You get PE by dividing the share price by the earnings per share (EPS). Our figure is last basic unadjusted - reported - annual EPS / current share price x 100. Companies also quote adjusted EPS figures to remove the effect of one-off exceptional figures from the profit figures. There is debate among investors as to whether this should be used. We use basic EPS – the purest figure. PE ratio 21.2
PEG ratio 1
An important ratio for showing how much profit after tax and other deductions (net profit) is actually being earned per share. You divide the net profit by the number of shares in issue. Expressed in pence per share. Looking at whether the EPS is rising or falling over time is one of the most important indicators of whether a company is really making money for its shareholders. Our figure is undiluted, meaning it is not adjusted for exceptional costs. EPS 16.88p
Earnings per share growth illustrates the growth of earning per share over the last two reporting periods. It helps investors identify stocks that are increasing or decreasing in profitability. A minus sign indicates negative growth. EPS growth 22
Return on capital employed measures a company's profitability in relation to how much capital is invested in the business. Generally, the higher the figure the better but with all these ratios it is best to compare companies from the same sector. A high double digit figure may mean a company has an advantage over its competitors because of a unique product but an oil company, for example, will have higher capital outlay than an online retailer. Our formula: [Pre-tax profit / (total assets – short-term liabilities)] * 100 ROCE 235.59
Also known as the acid test ratio, it's a quick guide to how well a company can pay its short-term debts. Above 1 is considered healthy. A ratio of 1.5 would mean the company has £1.50 of liquid (accessible) assets to cover each £1 of debt (current liabilities). Formula: Current assets minus inventory / current liabilities. Quick ratio 76.38
Indicates whether a company can convert assets into cash to pay its debts within the next 12 months. It is calculated as current assets / current liabilities for the same period but will display as '0' for companies such as banks that don't distinguish between short and long-term liabilities. Current ratio 76.40
The amount of money a company paid to a shareholder for each share they own over the past 12 months, expressed in pence. Total dividends per share 15.00p
The dividends paid per share over the past 12 months (interim plus final) as a percentage of the share price. Our figure includes recurring special dividends. Dividend yield 1.3
The number of times the dividend could have been paid out from net profits. It is a good indicator of the company's ability to pay the dividend and its level of generosity. Formula: earnings per share / dividends per share. More than 2 is considered healthy, less than 1.5 may hint that a dividend is at risk of being cut. Dividend cover 3.69
Dividend per share growth 21.43

Bytes Technology Group Fundamentals

The Bytes Group is one of the UK's leading providers of IT software offerings and solutions, with a focus on cloud and security products. The Bytes Group enables effective and cost-efficient technology sourcing, adoption and management across software, services, including in the areas of security and cloud. It aims to deliver the latest technology to a diverse and embedded non-consumer customer base and has a long track record of delivering strong financial performance.

Bytes Technology Group Regulatory news

Date Time Headline Source
19/09/2024 07:00 Half Year Trading Update RNS
16/09/2024 12:00 Holding(s) in Company RNS
10/09/2024 12:00 Holding(s) in Company RNS
03/09/2024 14:00 Holding(s) in Company RNS
02/09/2024 07:00 Total Voting Rights RNS
01/08/2024 15:00 Director/PDMR Shareholding RNS
01/08/2024 15:00 Director/PDMR Shareholding RNS
01/08/2024 07:00 Total Voting Rights RNS
29/07/2024 12:00 Holding(s) in Company RNS
25/07/2024 15:00 Application for Block Listing RNS

Bytes Technology Group Latest trades

Latest trades

Date Time Price Amount Value Type Buy / sell
19/09/2024 14:33:05 513p 39 £200.07 AT Sell
19/09/2024 14:33:05 513p 35 £179.55 AT Sell
19/09/2024 14:33:05 513p 34 £174.42 AT Sell
19/09/2024 14:33:05 514p 34 £174.76 AT Sell
19/09/2024 14:33:05 514p 37 £190.18 AT Sell

Analysis

Buy Sell Unknown
Quantity 781 555 33
Volume 272,048 419,422 57,759
Value £1,370,440 £2,113,421 £292,787

Bytes Technology Group Director dealings

Trade date Director Volume / Price Trade value Trade type
01/08/2024 Andrew Holden 4,500 @ 400.00p £18,000.00 Exercise of Option
01/08/2024 Sam Mudd 4,500 @ 400.00p £18,000.00 Exercise of Option
01/08/2024 Sam Mudd 5,000 @ 505.75p £25,287.50 Buy
17/07/2024 Andrew Holden 5,169 @ 496.00p £25,638.24 Sell
17/07/2024 Andrew Holden 10,916 @ 1.00p £109.16 Exercise of Option
17/07/2024 Andrew Holden 10,916 @ 1.00p £109.16 Buy
25/06/2024 Anna Vikstrom Persson 838 @ 549.00p £4,600.62 Buy
25/06/2024 Anna Vikstrom Persson 2,814 @ 548.00p £15,420.72 Buy
25/06/2024 Anna Vikstrom Persson 4,380 @ 547.00p £23,958.60 Buy
25/06/2024 Anna Vikstrom Persson 1,109 @ 546.00p £6,055.14 Buy

Bytes Technology Group Broker views

Date Broker Recomm. Old target price New target price Notes
19/09/2024 Shore Capital buy - - reiteration
26/09/2023 Peel Hunt Limited buy - 638.00p reiteration
24/05/2023 Barclays overweight - 640.00p reiteration
23/05/2023 Peel Hunt Limited buy - 489.00p reiteration
28/10/2022 Barclays overweight 640.00p 640.00p reiteration
28/10/2022 Berenberg Bank buy 500.00p 500.00p reiteration
06/10/2022 Barclays overweight 640.00p 640.00p reiteration
26/05/2022 Berenberg Bank buy 650.00p 500.00p reiteration
24/05/2022 Barclays overweight 640.00p 640.00p reiteration
28/03/2022 Berenberg Bank buy - 650.00p reiteration
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