Tekmar Group (LON:TGP) Posts Earnings Results

Tekmar Group (LON:TGP) posted its quarterly earnings results on Tuesday. The company reported GBX (1) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tekmar Group had a negative return on equity of 53.81% and a negative net margin of 23.74%.

Tekmar Group Stock Performance

LON TGP opened at GBX 6.50 ($0.08) on Tuesday. The stock has a market capitalization of £8.55 million, a price-to-earnings ratio of -1.90 and a beta of 2.06. The business’s 50 day moving average is GBX 6.24 and its two-hundred day moving average is GBX 7.47. Tekmar Group has a 12-month low of GBX 4.50 ($0.06) and a 12-month high of GBX 10.88 ($0.14). The company has a current ratio of 1.59, a quick ratio of 1.70 and a debt-to-equity ratio of 21.65.

Insider Activity

In related news, insider Richard Turner purchased 799,313 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was acquired at an average price of GBX 8 ($0.10) per share, for a total transaction of £63,945.04 ($81,261.96). Insiders own 46.21% of the company’s stock.

Tekmar Group Company Profile

Tekmar Group plc (AIM:TGP) collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world’s energy transition.

Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure.