Triad Group (LON:TRD) Hits New 12-Month High – Here’s Why

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

Triad Group Trading Down 2.0%

The stock has a market cap of £61.48 million, a price-to-earnings ratio of 35.70 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. The business has a 50 day simple moving average of GBX 302.49 and a two-hundred day simple moving average of GBX 289.50.

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

Insider Buying and Selling at Triad Group

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

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.