Tremor International (NASDAQ:TRMR) Stock Price Down 1.2%

Tremor International Ltd (NASDAQ:TRMR)’s share price fell 1.2% during trading on Friday . The company traded as low as $7.50 and last traded at $7.53. 24,838 shares were traded during trading, a decline of 24% from the average session volume of 32,483 shares. The stock had previously closed at $7.62.

Tremor International Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.05 and a current ratio of 2.05. The company has a fifty day moving average price of $6.66 and a two-hundred day moving average price of $5.97. The company has a market cap of $546.81 million, a P/E ratio of -53.79 and a beta of 1.92.

Institutional Investors Weigh In On Tremor International

Several large investors have recently made changes to their positions in TRMR. Mithaq Capital SPC increased its holdings in Tremor International by 99.9% during the fourth quarter. Mithaq Capital SPC now owns 717,680 shares of the company’s stock worth $3,631,000 after buying an additional 358,711 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Tremor International in the 4th quarter valued at about $62,000. Vanguard Personalized Indexing Management LLC grew its position in shares of Tremor International by 102.0% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 24,133 shares of the company’s stock valued at $122,000 after acquiring an additional 12,184 shares during the period. Finally, S Squared Technology LLC increased its stake in shares of Tremor International by 3.1% during the 4th quarter. S Squared Technology LLC now owns 328,284 shares of the company’s stock worth $1,661,000 after purchasing an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 7.88% of the company’s stock.

Tremor International Company Profile

Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats.