Tribal Group (LON:TRB) Stock Price Crosses Below 200 Day Moving Average - Here's What Happened

Shares of Tribal Group plc (LON:TRB - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 43.72 ($0.59) and traded as low as GBX 39.33 ($0.53). Tribal Group shares last traded at GBX 40 ($0.54), with a volume of 74,478 shares.

Tribal Group Price Performance

The business has a 50 day moving average of GBX 42.09 and a 200 day moving average of GBX 43.69. The company has a market cap of £93.80 million, a PE ratio of 48.72 and a beta of 0.35. The company has a debt-to-equity ratio of 33.57, a current ratio of 0.52 and a quick ratio of 0.51.

Tribal Group (LON:TRB - Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The company reported GBX 4.70 ($0.06) EPS for the quarter. Tribal Group had a return on equity of 3.91% and a net margin of 2.20%. As a group, research analysts predict that Tribal Group plc will post 3.3676803 EPS for the current year.

Tribal Group Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, June 26th will be paid a GBX 0.65 ($0.01) dividend. This represents a yield of 1.62%. The ex-dividend date of this dividend is Thursday, June 26th. Tribal Group's payout ratio is 116.00%.

About Tribal Group

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.