Stocks to Watch: 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.

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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