TPXimpact (LON:TPX) Stock Price Down 8.3% – Time to Sell?

TPXimpact Holdings plc (LON:TPX)’s share price dropped 8.3% during mid-day trading on Tuesday. The company traded as low as GBX 82 and last traded at GBX 88. Approximately 1,136,674 shares changed hands during trading, an increase of 275% from the average daily volume of 303,170 shares. The stock had previously closed at GBX 96.

TPXimpact Stock Down 8.3%

The company has a debt-to-equity ratio of 13.65, a current ratio of 1.15 and a quick ratio of 1.60. The company’s 50-day simple moving average is GBX 80.49 and its 200 day simple moving average is GBX 60.55. The firm has a market cap of £81.83 million, a P/E ratio of -146.67 and a beta of 1.26.

About TPXimpact

We believe in a world enriched by people-powered digital transformation. Working in collaboration with organisations, we’re on a mission to accelerate positive change and build a future where people, places and the planet are supported to thrive.

Led by passionate people, TPXimpact works closely with its clients in agile, multidisciplinary teams; challenging assumptions, testing new approaches and building confidence and capabilities. Combining our rich heritage with expertise in human-centred design, data, experience and technology, we work to create sustainable solutions with the flexibility to learn, evolve and change.

The business is being increasingly recognised as a leading alternative digital transformation provider to the UK public services sector, with over 90% of its FY24 revenues represented by public services clients.

More information is available at www.tpximpact.com.