Shares of Tribal Group plc (LON:TRB – Get Rating) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 88.45 ($1.07) and traded as low as GBX 79.50 ($0.96). Tribal Group shares last traded at GBX 81.50 ($0.98), with a volume of 73,550 shares changing hands.
Tribal Group Stock Performance
The stock’s 50-day moving average price is GBX 84.93 and its 200-day moving average price is GBX 88.45. The company has a debt-to-equity ratio of 17.86, a quick ratio of 0.51 and a current ratio of 0.62. The company has a market capitalization of £172.51 million and a price-to-earnings ratio of 4,075.00.
Insider Buying and Selling
In related news, insider Mark Pickett sold 330,000 shares of Tribal Group stock in a transaction that occurred on Wednesday, August 17th. The stock was sold at an average price of GBX 80 ($0.97), for a total transaction of £264,000 ($318,994.68).
About Tribal Group
Tribal Group plc, through its subsidiaries, provides education related systems, solutions, and consultancy services in the United Kingdom, Australia, other Asia Pacific, North America, and internationally. It operates in two segments, Student Information Systems (SIS) and Education Services (ES). The SIS segment offers software, and maintenance and support services; and deploys and configures software solutions, asset management, and information managed services for its customers.
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