Tekmar Group (LON:TGP) Stock Falls 8.3% – What’s Next?

Tekmar Group plc (LON:TGP)’s stock price was down 8.3% during trading on Thursday. The company traded as low as GBX 11 and last traded at GBX 11. Approximately 145,246 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 280,005 shares. The stock had previously closed at GBX 12.

Tekmar Group Price Performance

The stock has a fifty day simple moving average of GBX 13.28 and a two-hundred day simple moving average of GBX 13.67. The company has a market cap of £15.38 million, a PE ratio of -6.36 and a beta of 1.70. The company has a current ratio of 1.34, a quick ratio of 1.70 and a debt-to-equity ratio of 23.77.

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.