Tandem Group (LON:TND) Trading Down 3.5% – Here’s What Happened

Tandem Group plc (LON:TND)’s share price fell 3.5% on Tuesday . The stock traded as low as GBX 167.50 and last traded at GBX 167.50. 78 shares changed hands during trading, a decline of 99% from the average session volume of 5,479 shares. The stock had previously closed at GBX 173.50.

Tandem Group Price Performance

The company has a debt-to-equity ratio of 20.32, a current ratio of 1.93 and a quick ratio of 1.51. The company has a 50-day moving average price of GBX 173 and a 200-day moving average price of GBX 189.06. The firm has a market capitalization of £9.24 million, a PE ratio of 54.03, a P/E/G ratio of 0.03 and a beta of 1.43.

Tandem Group (LON:TND) last posted its quarterly earnings data on Friday, September 26th. The company reported GBX (6.90) EPS for the quarter. Tandem Group had a negative return on equity of 3.76% and a negative net margin of 3.98%. Sell-side analysts forecast that Tandem Group plc will post 7.1998228 EPS for the current year.

Insider Activity

In other news, insider Simon Bragg purchased 5,000 shares of the stock in a transaction dated Friday, October 17th. The stock was acquired at an average cost of GBX 187 per share, for a total transaction of £9,350. 35.37% of the stock is owned by corporate insiders.

Tandem Group Company Profile

Tandem Group plc is a designer, developer, distributor and retailer of sports, leisure and mobility products.