Triad Group (LON:TRD) Reaches New 1-Year High – What’s Next?

Triad Group plc (LON:TRD)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 340 and last traded at GBX 325.20, with a volume of 24241 shares. The stock had previously closed at GBX 315.

Triad Group Stock Down 4.4%

The stock has a market cap of £56.64 million, a price-to-earnings ratio of 31.34 and a beta of 0.91. The stock has a 50 day simple moving average of GBX 289.40 and a 200 day simple moving average of GBX 282.74. The company has a quick ratio of 3.17, a current ratio of 2.57 and a debt-to-equity ratio of 7.10.

Triad Group (LON:TRD) last issued its earnings results 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 company had revenue of GBX 2,478 million for the quarter.

Insiders Place Their Bets

In other Triad Group news, insider Tim Eckes sold 1,167 shares of the firm’s stock in a transaction 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 on Wednesday, July 1st. The stock was acquired at an average cost of GBX 334 per share, for a total transaction of £28,787.46. Insiders own 36.00% of the company’s stock.

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.