TEAM (LON:TEAM) Shares Up 12% – What’s Next?

Shares of TEAM plc (LON:TEAMGet Free Report) shot up 12% during trading on Friday . The company traded as high as GBX 16 and last traded at GBX 14. 1,813,084 shares traded hands during mid-day trading, an increase of 1,355% from the average daily volume of 124,580 shares. The stock had previously closed at GBX 12.50.

TEAM Stock Up 12.0%

The company has a current ratio of 2.74, a quick ratio of 9.88 and a debt-to-equity ratio of 18.84. The firm’s 50 day moving average price is GBX 15.45 and its two-hundred day moving average price is GBX 16.86. The company has a market capitalization of £17.03 million, a price-to-earnings ratio of -2.69 and a beta of 0.86.

Insider Buying and Selling

In other TEAM news, insider Jonathan Mark Gordon Clubb purchased 115,917 shares of the stock in a transaction on Tuesday, June 30th. The shares were purchased at an average price of GBX 17 per share, with a total value of £19,705.89. Also, insider John Cusins acquired 32,258 shares of the business’s stock in a transaction dated Thursday, July 23rd. The stock was acquired at an average cost of GBX 16 per share, with a total value of £5,161.28. Over the last 90 days, insiders acquired 190,569 shares of company stock worth $3,166,165. Company insiders own 10.92% of the company’s stock.

TEAM Company Profile

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Further Reading

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