Triad Group (LON:TRD) Stock Price Up 2.6% - What's Next?

Key Points

• Triad Group plc shares increased by 2.6%, reaching a last traded price of GBX 320 ($4.29), despite a significant drop in trading volume by 89% compared to the average.
• The company's debt-to-equity ratio stands at 22.15, and it has a P/E ratio of 3,235.59, indicating a potentially high valuation relative to earnings.
• Insiders have sold a total of 70,388 shares worth approximately £16.5 million over the past three months, suggesting potential concerns about the company's future performance.

Triad Group plc (LON:TRD - ) rose 2.6% on Friday . The company traded as high as GBX 320 ($4.29) and last traded at GBX 320 ($4.29). Approximately 2,005 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 19,034 shares. The stock had previously closed at GBX 312 ($4.18).

Triad Group Stock Performance

The company has a debt-to-equity ratio of 22.15, a current ratio of 2.10 and a quick ratio of 3.17. The firm has a market cap of £55.74 million, a P/E ratio of 3,235.59 and a beta of 1.36. The stock's 50 day moving average is GBX 296.07 and its two-hundred day moving average is GBX 301.28.

Insiders Place Their Bets

In other Triad Group news, insider James McDonald sold 33,194 shares of the stock in a transaction on Thursday, August 14th. The shares were sold at an average price of GBX 230, for a total value of £76,346.20. Also, insider Adrian Leer sold 33,194 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of GBX 230, for a total transaction of £76,346.20. Over the last three months, insiders have sold 70,388 shares of company stock worth $16,517,240. Company insiders own 35.96% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.