TEAM (LON:TEAM) Trading 20.4% Higher – Here’s What Happened

TEAM plc (LON:TEAM)’s share price was up 20.4% on Wednesday . The stock traded as high as GBX 27.10 ($0.36) and last traded at GBX 27.10 ($0.36). Approximately 422,714 shares were traded during mid-day trading, an increase of 301% from the average daily volume of 105,306 shares. The stock had previously closed at GBX 22.50 ($0.30).

TEAM Price Performance

The company has a 50 day moving average of GBX 13.10 and a two-hundred day moving average of GBX 11.98. The firm has a market cap of £14.94 million, a P/E ratio of -8.82 and a beta of 0.01. The company has a quick ratio of 9.88, a current ratio of 0.71 and a debt-to-equity ratio of 17.13.

Insider Activity

In related news, insider Jonathan Mark Gordon Clubb acquired 11,784 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was bought at an average price of GBX 12 ($0.16) per share, for a total transaction of £1,414.08 ($1,873.70). In the last quarter, insiders acquired 42,868 shares of company stock worth $514,416. Corporate insiders own 23.90% of the company’s stock.

TEAM Company Profile