Triad Group (LON:TRD) Reaches New 52-Week High – Here’s Why

Triad Group plc (LON:TRD)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 377.50 and last traded at GBX 377.50, with a volume of 15188 shares changing hands. The stock had previously closed at GBX 360.

Triad Group Stock Performance

The stock’s 50-day simple moving average is GBX 318.71 and its 200-day simple moving average is GBX 297.28. 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 firm has a market capitalization of £65.36 million, a PE ratio of 37.96 and a beta of 0.89.

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

Insider Activity at Triad Group

In other news, insider Charlotte Rigg acquired 8,619 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were acquired at an average cost of GBX 334 per share, with a total value of £28,787.46. Also, insider Tim Eckes sold 1,167 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of GBX 320, for a total value of £3,734.40. Insiders own 35.47% of the company’s stock.

Triad Group Company Profile

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.