Triad Group (LON:TRD) Sets New 12-Month High – What’s Next?

Triad Group plc (LON:TRD) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 370 and last traded at GBX 350, with a volume of 317 shares changing hands. The stock had previously closed at GBX 360.

Triad Group Stock Down 2.8%

The business’s 50 day simple moving average is GBX 299.68 and its 200 day simple moving average is GBX 288.08. The company has a market capitalization of £61.00 million, a PE ratio of 35.43 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.

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 firm had revenue of GBX 2,478 million for the quarter.

Insider Buying and Selling at Triad Group

In other news, insider Tim Eckes sold 1,167 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of GBX 320, for a total value of £3,734.40. Also, insider Charlotte Rigg purchased 8,619 shares of the stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average price of GBX 334 per share, with a total value of £28,787.46. 35.47% of the stock is owned by company insiders.

About Triad Group

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.