Tekmar Group (LON:TGP) Stock Price Down 3.5% – Here’s What Happened

Tekmar Group plc (LON:TGP)’s share price traded down 3.5% on Thursday . The stock traded as low as GBX 14 and last traded at GBX 14.36. 5,149 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 357,080 shares. The stock had previously closed at GBX 14.88.

Tekmar Group Trading Down 3.5%

The firm has a market cap of £20.08 million, a PE ratio of -8.30 and a beta of 1.70. The company has a debt-to-equity ratio of 23.77, a current ratio of 1.34 and a quick ratio of 1.70. The business has a 50-day moving average price of GBX 14.01 and a two-hundred day moving average price of GBX 12.17.

Tekmar Group (LON:TGP) last released its quarterly earnings data on Thursday, June 18th. The company reported GBX (0.83) EPS for the quarter. The business 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.