TEAM (LON:TEAM) Stock Price Down 10.4% – Here’s What Happened

Shares of TEAM plc (LON:TEAMGet Free Report) fell 10.4% during trading on Thursday . The company traded as low as GBX 12 and last traded at GBX 12.99. Approximately 2,042,954 shares traded hands during trading, an increase of 1,692% from the average daily volume of 113,995 shares. The stock had previously closed at GBX 14.50.

TEAM Stock Performance

The stock has a market cap of £17.03 million, a price-to-earnings ratio of -2.69 and a beta of 0.86. The firm’s 50-day moving average is GBX 15.41 and its two-hundred day moving average is GBX 16.84. The company has a current ratio of 2.74, a quick ratio of 9.88 and a debt-to-equity ratio of 18.84.

Insiders Place Their Bets

In other news, insider Jonathan Mark Gordon Clubb bought 115,917 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The shares were acquired at an average price of GBX 17 per share, for a total transaction of £19,705.89. Also, insider John Beverley bought 31,250 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was purchased at an average price of GBX 16 per share, for a total transaction of £5,000. In the last three months, insiders bought 190,569 shares of company stock worth $3,166,165. Corporate insiders own 10.92% of the company’s stock.

About TEAM

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