Triad Group (LON:TRD) Reaches New 1-Year High – Here’s Why

Shares of Triad Group plc (LON:TRD) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 370 and last traded at GBX 350, with a volume of 317 shares traded. The stock had previously closed at GBX 360.

Triad Group Price Performance

The company has a debt-to-equity ratio of 7.10, a quick ratio of 3.17 and a current ratio of 2.57. The stock has a market capitalization of £61.00 million, a PE ratio of 35.43 and a beta of 0.89. The stock’s 50 day moving average is GBX 299.68 and its two-hundred day moving average is GBX 288.08.

Triad Group (LON:TRD) last announced its earnings results on Monday, June 22nd. The company reported GBX 9.92 EPS for the quarter. The business had revenue of GBX 2,478 million during the quarter. Triad Group had a return on equity of 35.58% and a net margin of 6.86%.

Insiders Place Their Bets

In other news, insider Tim Eckes acquired 1,667 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were bought at an average price of GBX 320 per share, for a total transaction of £5,334.40. Also, insider Charlotte Rigg bought 8,619 shares of the stock in a transaction on Wednesday, July 1st. The shares were acquired at an average cost of GBX 334 per share, for a total transaction of £28,787.46. Company insiders own 35.47% of the company’s stock.

About Triad Group

Triad Group plc provides information technology consultancy services to the public, private, and not-for-profit sectors primarily in the United Kingdom. The company offers consulting and advisory; business insights; software development; project and software delivery; program management; and support services. Triad Group Plc was incorporated in 1988 and is based in Godalming, the United Kingdom.