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

Triad Group plc (LON:TRD) hit a new 52-week high on Tuesday . The stock traded as high as GBX 377.50 and last traded at GBX 377.50, with a volume of 15188 shares trading hands. The stock had previously closed at GBX 360.

Triad Group Price Performance

The business has a fifty day moving average of GBX 314.92 and a 200-day moving average of GBX 295.38. The firm has a market cap of £65.79 million, a PE ratio of 38.21 and a beta of 0.89. The company has a current ratio of 2.57, a quick ratio of 3.17 and a debt-to-equity ratio of 7.10.

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

Insider Buying and Selling

In other news, insider Charlotte Rigg bought 8,619 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average price of GBX 334 per share, with a total value of £28,787.46. Also, insider Tim Eckes bought 1,667 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were purchased at an average cost of GBX 320 per share, for a total transaction of £5,334.40. 35.47% of the stock is currently 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.