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

Key Points

• Technical signal: Tribal Group's stock crossed below its 200-day moving average of GBX 63.24, trading as low as GBX 47.11 and last at GBX 48.50 on volume of 97,375 shares.
• Valuation and balance-sheet snapshot: The company has a market capitalization of £103.97M and a P/E of 11.83, with a low beta of 0.57 but relatively high leverage (debt-to-equity 1.60) and weak liquidity (quick ratio 0.51, current ratio 0.52).
• Earnings update: Tribal reported GBX 4.40 EPS for the quarter, with a 15.55% ROE and 9.65% net margin, and analysts forecast about 3.37 EPS for the current fiscal year.

Tribal Group plc (LON:TRB - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 63.24 and traded as low as GBX 47.11. Tribal Group shares last traded at GBX 48.50, with a volume of 97,375 shares.

Tribal Group Stock Performance

The company has a 50-day moving average price of GBX 57.79 and a 200-day moving average price of GBX 63.24. The firm has a market capitalization of £103.97 million, a price-to-earnings ratio of 11.83 and a beta of 0.57. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.51 and a current ratio of 0.52.

Tribal Group (LON:TRB - Get Free Report) last announced its earnings results on Thursday, March 26th. The company reported GBX 4.40 earnings per share (EPS) for the quarter. Tribal Group had a return on equity of 15.55% and a net margin of 9.65%. As a group, research analysts forecast 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. Working with Higher Education, Further and Tertiary Education, schools, Government and State bodies, training providers and employers, in over 55 countries; Tribal Group's mission is to empower the world of education with products and services that underpin student success.

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