Team Internet Group (LON:TIG) Reaches New 52-Week High at $201.29

Team Internet Group plc (LON:TIGGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 201.29 ($2.58) and last traded at GBX 200.45 ($2.57), with a volume of 206672 shares changing hands. The stock had previously closed at GBX 192.60 ($2.47).

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price objective on shares of Team Internet Group from GBX 185 ($2.37) to GBX 205 ($2.63) and gave the stock a “buy” rating in a research report on Monday, May 13th.

Read Our Latest Stock Report on TIG

Team Internet Group Price Performance

The stock’s 50-day moving average price is GBX 156.90 and its 200 day moving average price is GBX 138.88. The firm has a market cap of £495.64 million, a P/E ratio of 2,811.43 and a beta of 0.41.

Team Internet Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 28th. Stockholders of record on Thursday, April 25th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.46%. The ex-dividend date of this dividend was Thursday, April 25th. This is a positive change from Team Internet Group’s previous dividend of $0.12. Team Internet Group’s payout ratio is currently 2,857.14%.

Team Internet Group Company Profile

(Get Free Report)

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.

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