Triad Group (LON:TRD) Reaches New 52-Week High – Here’s Why

Shares of Triad Group plc (LON:TRD) reached a new 52-week high on Monday . The company traded as high as GBX 410 and last traded at GBX 410, with a volume of 12034 shares trading hands. The stock had previously closed at GBX 399.

Triad Group Price Performance

The company has a debt-to-equity ratio of 7.10, a quick ratio of 3.17 and a current ratio of 2.57. The company has a 50-day moving average price of GBX 332.63 and a 200-day moving average price of GBX 303.92. The firm has a market capitalization of £71.54 million, a P/E ratio of 41.50 and a beta of 0.89.

Triad Group (LON:TRD) last released its quarterly earnings data on Monday, June 22nd. The company reported GBX 9.92 EPS 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 Transactions at Triad Group

In related news, insider Tim Eckes sold 1,167 shares of Triad Group stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of GBX 320, for a total transaction of £3,734.40. Also, insider Charlotte Rigg acquired 8,619 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were purchased at an average price of GBX 334 per share, with a total value of £28,787.46. Corporate insiders own 35.52% of the company’s stock.

Triad Group Company Profile

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.