Tribal Group (LON:TRB) Shares Down 2.6% – What’s Next?

Tribal Group plc (LON:TRB) shares traded down 2.6% on Tuesday . The stock traded as low as GBX 40.45 ($0.52) and last traded at GBX 40.80 ($0.52). 2,253,975 shares changed hands during trading, an increase of 1,548% from the average session volume of 136,781 shares. The stock had previously closed at GBX 41.90 ($0.53).

Tribal Group Stock Up 1.7 %

The stock has a fifty day moving average of GBX 44.76 and a 200-day moving average of GBX 50.81. The firm has a market capitalization of £89.90 million, a price-to-earnings ratio of 4,140.00 and a beta of 0.35. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 33.57.

Insider Buying and Selling

In related news, insider Diane McIntyre sold 49,000 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of GBX 48 ($0.61), for a total value of £23,520 ($30,003.83). 33.30% of the stock is currently owned by company insiders.

Tribal Group Company Profile

Tribal Group plc, through its subsidiaries, provides software and services to education institutions worldwide. The company operates in two segments, Student Information Systems (SIS) and Education Services (ES). The SIS segment offers software, and maintenance and support services; and deploys and configures software solutions, asset management, and information managed services for its customers.