Tekmar Group (LON:TGP) Stock Price Breaks Above 200-Day Moving Average – What’s Next?

Tekmar Group plc (LON:TGP)’s stock price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 12.67 and traded as high as GBX 13. Tekmar Group shares last traded at GBX 12.70, with a volume of 146,402 shares traded.

Tekmar Group Price Performance

The firm’s 50-day moving average is GBX 12.50 and its 200-day moving average is GBX 12.69. The company has a market capitalization of £17.65 million, a P/E ratio of -7.30 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.

About Tekmar Group

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.