Team Internet Group (LON:TIG) Hits New 1-Year Low – Should You Sell?

Team Internet Group plc (LON:TIG) shares reached a new 52-week low on Thursday . The company traded as low as GBX 40 and last traded at GBX 41.45, with a volume of 191764 shares changing hands. The stock had previously closed at GBX 40.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their price objective on shares of Team Internet Group from GBX 100 to GBX 90 and set a “buy” rating for the company in a research report on Thursday, November 13th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Team Internet Group currently has an average rating of “Buy” and an average target price of GBX 90.

Team Internet Group Price Performance

The stock has a market capitalization of £103.68 million, a price-to-earnings ratio of 4.80 and a beta of 0.40. The company’s 50-day simple moving average is GBX 48.34 and its 200-day simple moving average is GBX 51.25.

Team Internet Group Company Profile

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients. The Online Marketing segment offers privacy-safe AI-based customer journeys that help online consumers make informed choices. It also sells domain names to registrants and license registry management platform.