Team Internet Group (LON:TIG) Hits New 1-Year Low – Time to Sell?

Team Internet Group plc (LON:TIG)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 42.20 and last traded at GBX 43.50, with a volume of 236173 shares traded. The stock had previously closed at GBX 46.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price target on Team Internet Group from GBX 100 to GBX 90 and set a “buy” rating on the stock in a report on Thursday, November 13th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 90.

Team Internet Group Price Performance

The firm has a market capitalization of £108.81 million, a price-to-earnings ratio of 5.04 and a beta of 0.60. The firm’s fifty day moving average is GBX 48.73 and its 200 day moving average is GBX 51.57.

About Team Internet Group

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients. The Online Marketing segment offers privacy-safe AI-based customer journeys that help online consumers make informed choices. It also sells domain names to registrants and license registry management platform.