Tandem Group (LON:TND) Trading 1.6% Higher – Here’s What Happened

Shares of Tandem Group plc (LON:TNDGet Free Report) were up 1.6% during mid-day trading on Tuesday . The company traded as high as GBX 208 and last traded at GBX 193. 21,200 shares traded hands during mid-day trading, an increase of 374% from the average session volume of 4,475 shares. The stock had previously closed at GBX 190.

Tandem Group Stock Up 1.6%

The company has a market cap of £10.65 million, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 0.03 and a beta of 0.83. The company has a quick ratio of 1.51, a current ratio of 2.20 and a debt-to-equity ratio of 13.20. The company has a fifty day moving average of GBX 174.16 and a 200 day moving average of GBX 171.25.

Insider Activity

In other Tandem Group news, insider Simon Bragg purchased 50,000 shares of Tandem Group stock in a transaction dated Monday, June 22nd. The stock was purchased at an average price of GBX 165 per share, with a total value of £82,500. 36.41% of the stock is currently owned by corporate insiders.

About Tandem Group

(Get Free Report)

Tandem Group plc is a designer, developer, distributor and retailer of sports, leisure and mobility products.

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