BYIT LSE Week ended 07 Aug 2026

Weekly Investor Report

Bytes Technology Group plc · Technology · Software - Infrastructure

Latest close 417.8 GBP
4.2% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 22.3% above the Trend Line and sits at 92.5% of its 52-week range. The latest completed week returned 4.2%, after a 2.8% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is expensive relative to peers. The latest news-sentiment score is 53/100. Near-term considerations: price is close to its 52-week high; volume confirmation is below normal.

Setup score 60 out of 100
Latest Close 417.8 GBP 7 Aug 2026
1W Return 4.2% latest completed week
4W Return 2.8% short-term follow-through
12W Return 20.3% quarterly tape
Trend Breadth 11.5% 6 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
What is working
  • The trend backdrop is active with a 6-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
  • Next-week expectancy is positive at 55.12% based on similar historical setup states.
What could go wrong
  • Price is below Fair Value, so the market is still discounting the latest tape.
What to watch next
  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 22.3% above the Trend Line and sits at 92.5% of its 52-week range. The latest completed week returned 4.2%, after a 2.8% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.8x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 Aug
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.7912-week average 0.47

12-week confirmation

Trend active6/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership6/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.79Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 2.8% over four weeks, 20.3% over 12 weeks, and 15.6% over one year. The current trend has remained active for 6 consecutive weeks.

Performance by holding period

1W4.2%
4W2.8%
12W20.3%
26W24.3%
52W15.6%
Active trend streak6 weeks
Active weeks in one year6
Trend breadth11.5%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.29Latest activity-pressure read.
Pressure change28.9%Four-week change in activity pressure.
Leadership7.61Latest relative-leadership reading.
RS change-13.7%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is expensive relative to peers.

Open full factor analysis
Factor week 09 Aug 2026 Financial statements through 28 Feb 2026 Field coverage 88% Model confidence 78%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength44/100Blend of value, momentum, and quality. Underlying universe rank 57; rank 1 is best.
Value6/100Relative valuation strength. Underlying universe rank 95; rank 1 is best.
Quality91/100Profitability and accounting quality. Underlying universe rank 10; rank 1 is best.
Momentum84/100Medium-term price momentum. Underlying universe rank 17; rank 1 is best.
Growth9/100Revenue and earnings growth. Underlying universe rank 92; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
18.9x
Price divided by trailing earnings.
Price / sales
4.4x
Market value relative to trailing revenue.
EV / EBITDA
11.9x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
6.3%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
75.9%
Gross profit retained from each unit of revenue.
Operating margin
28.4%
Operating profit retained from revenue.
Free-cash-flow margin
25.0%
Free cash flow generated from revenue.
Return on invested capital
-
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
1.6%
Latest one-year revenue growth.
EPS growth
-4.6%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-15.1%
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
2.4%
Cash dividends relative to market value.
Buyback yield
2.1%
Net share repurchases relative to market value.
Shareholder yield
4.5%
Dividend yield plus net buyback yield.
Net debt / EBITDA
-1.3x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment53/100

Weighted news tone is neutral across 19 relevant articles.

4 positive · 15 neutral · 0 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-3.2%Distance below the 52-week high.
13-week volatility4.1%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher15 of 269 weeks finished lower.
Best week+11.5%Week of 17 Apr.
Worst week-13.5%Week of 27 Mar.
Latest week+4.2%Week of 7 Aug.

Shape of recent returns

Strong gains7
Modest gains8
Flat weeks2
Modest losses6
Sharp losses3
Recent vol4.1%13-week weekly-return volatility.
Base vol4.9%52-week weekly-return volatility.
Up/down split32/18Count of positive and negative weeks in the 52-week window.
Average skew3.2% / -4.6%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 2026417.8 GBP4.2%341.7 GBP450.0 GBP1.297.612.1MOn
31 Jul 2026400.8 GBP-3.7%339.4 GBP450.6 GBP1.333.464.2MOn
24 Jul 2026416.2 GBP0.0%338.2 GBP451.3 GBP1.258.731.9MOn
17 Jul 2026416.2 GBP2.4%336.4 GBP451.9 GBP1.1510.202.8MOn
10 Jul 2026406.4 GBP4.0%334.1 GBP452.6 GBP1.008.814.0MOn
3 Jul 2026390.7 GBP5.0%332.2 GBP453.3 GBP0.842.73551.4KOn
26 Jun 2026372.0 GBP5.6%330.7 GBP454.2 GBP0.83-1.71626.3KOff
19 Jun 2026352.1 GBP0.0%329.6 GBP455.1 GBP0.89-6.821.2MOff
12 Jun 2026352.1 GBP-6.1%329.7 GBP456.3 GBP1.02-8.96441.8KOff
5 Jun 2026375.0 GBP1.7%329.8 GBP457.3 GBP1.19-3.41619.7KOff
29 May 2026368.6 GBP3.1%329.6 GBP458.3 GBP1.12-6.572.6MOff
22 May 2026357.4 GBP2.9%329.8 GBP458.9 GBP0.91-10.886.0MOff
15 May 2026347.2 GBP10.8%329.9 GBP459.5 GBP0.64-12.199.1MOff
8 May 2026313.4 GBP3.4%331.8 GBP459.9 GBP0.34-22.202.8MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.

Evidence context