Tribal Group (LON:TRB) Trading 22.4% Higher - Still a Buy?

Key Points

• Tribal Group plc shares experienced a significant increase of 22.4% on Tuesday, reaching a high of GBX 64 ($0.86) before closing at GBX 57.77 ($0.78).
• The trading volume surged to approximately 1,007,506 shares, reflecting a 95% increase over its average daily volume of 517,697 shares.
• Tribal Group reported a quarterly EPS of GBX 2.10 and has a forecasted EPS of 3.37 for the current year, indicating expectations for growth.

Tribal Group plc (LON:TRB - Get Free Report)'s share price shot up 22.4% during trading on Tuesday . The company traded as high as GBX 64 ($0.87) and last traded at GBX 57.77 ($0.78). 1,007,506 shares were traded during mid-day trading, an increase of 95% from the average session volume of 517,697 shares. The stock had previously closed at GBX 47.20 ($0.64).

Tribal Group Trading Up 1.7%

The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 33.57. The business has a fifty day simple moving average of GBX 46.98 and a 200 day simple moving average of GBX 43.70. The company has a market cap of £134.00 million, a price-to-earnings ratio of 69.60 and a beta of 0.35.

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

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.