Tribal Group (LON:TRB) Share Price Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• The share price of Tribal Group plc has crossed above its 200-day moving average, currently trading at GBX 68.50 ($0.93) compared to the average of GBX 45.41 ($0.62).
• Tribal Group reported a debt-to-equity ratio of 33.57 and a P/E ratio of 1,836.65, indicating a high valuation relative to earnings.
• The company recently announced quarterly earnings of GBX 2.10 per share, with an expected EPS of approximately 3.37 for the current fiscal year according to analysts.

Tribal Group plc (LON:TRB - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 45.41 ($0.62) and traded as high as GBX 68.50 ($0.93). Tribal Group shares last traded at GBX 68.50 ($0.93), with a volume of 39,006 shares traded.

Tribal Group Stock Performance

The company has a 50 day moving average of GBX 52.94 and a 200 day moving average of GBX 45.57. The firm has a market cap of £139.57 million, a price-to-earnings ratio of 1,763.51 and a beta of 0.35. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 33.57.

Tribal Group (LON:TRB - Get Free Report) last issued its quarterly earnings results on Tuesday, August 19th. The company reported GBX 2.10 earnings per share for the quarter. Tribal Group had a return on equity of 3.91% and a net margin of 2.20%. As a group, equities research analysts expect that Tribal Group plc will post 3.3676803 EPS for the current fiscal year.

Tribal Group Company Profile

Tribal Group plc is a pioneering world-leader of education software and services. Its portfolio includes Student Information Systems; a broad range of education services covering quality assurance, peer review, benchmarking and improvement; and student surveys that provide the leading global benchmarks for student experience.