Triad Group (LON:TRD) Hits New 12-Month High – Time to Buy?

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

Triad Group Stock Down 1.8%

The company has a current ratio of 2.57, a quick ratio of 3.17 and a debt-to-equity ratio of 7.10. The business has a 50-day moving average price of GBX 337.86 and a 200-day moving average price of GBX 306.23. The firm has a market cap of £70.23 million, a P/E ratio of 40.74 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 earnings per share for the quarter. Triad Group had a return on equity of 35.58% and a net margin of 6.86%.The firm had revenue of GBX 2,478 million during the quarter.

Insider Activity at Triad Group

In other news, insider Tim Eckes sold 1,167 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of GBX 320, for a total value of £3,734.40. Also, insider Charlotte Rigg acquired 8,619 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average price of GBX 334 per share, for a total transaction of £28,787.46. 35.52% of the stock is currently owned by corporate insiders.

About Triad Group

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.