Triad Group (LON:TRD) Sets New 12-Month High – Still a Buy?

Triad Group plc (LON:TRD) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 400 and last traded at GBX 377.80, with a volume of 25461 shares trading hands. The stock had previously closed at GBX 370.

Triad Group Price Performance

The firm has a market capitalization of £69.72 million, a P/E ratio of 40.49 and a beta of 0.89. The company has a debt-to-equity ratio of 7.10, a current ratio of 2.57 and a quick ratio of 3.17. The stock’s fifty day simple moving average is GBX 326.15 and its 200 day simple moving average is GBX 300.92.

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

Insider Activity at Triad Group

In other news, insider Charlotte Rigg bought 8,619 shares of the stock in a transaction on Wednesday, July 1st. The stock was bought at an average cost of GBX 334 per share, for a total transaction of £28,787.46. Also, insider Tim Eckes purchased 1,667 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was purchased at an average cost of GBX 320 per share, for a total transaction of £5,334.40. 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.