Tekmar Group (LON:TGP) Trading Down 0.7% – Here’s What Happened

Tekmar Group plc (LON:TGP) was down 0.7% during trading on Thursday . The company traded as low as GBX 14 and last traded at GBX 14.15. Approximately 383,696 shares were traded during mid-day trading, an increase of 28% from the average session volume of 299,816 shares. The stock had previously closed at GBX 14.25.

Tekmar Group Trading Down 0.7%

The company has a debt-to-equity ratio of 23.77, a quick ratio of 1.70 and a current ratio of 1.34. The firm has a market capitalization of £19.78 million, a P/E ratio of -8.18 and a beta of 1.70. The firm has a 50 day simple moving average of GBX 14.65 and a two-hundred day simple moving average of GBX 13.24.

Tekmar Group (LON:TGP) last posted its earnings results on Thursday, June 18th. The company reported GBX (0.83) earnings per share (EPS) for the quarter. The firm had revenue of GBX 1,617 million during the quarter. Tekmar Group had a negative return on equity of 10.04% and a negative net margin of 7.38%.

Tekmar Group Company Profile

Tekmar Group plc 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. With near 40 years of experience, we optimise and de-risk projects, solve customer’s engineering challenges, improve safety and lower project costs.