Ten Lifestyle Group (LON:TENG) Hits New 52-Week High on Insider Buying Activity

Ten Lifestyle Group PLC (LON:TENG) hit a new 52-week high during trading on Friday following insider buying activity. The company traded as high as GBX 124.49 ($1.63) and last traded at GBX 123.50 ($1.61), with a volume of 56556 shares traded. The stock had previously closed at GBX 120 ($1.57).

Specifically, insider Alan Donald bought 30,000 shares of the business’s stock in a transaction dated Thursday, July 11th. The shares were purchased at an average price of GBX 120 ($1.57) per share, for a total transaction of £36,000 ($47,040.38).

A number of brokerages have recently weighed in on TENG. Peel Hunt upgraded MJ Gleeson to a “hold” rating and boosted their target price for the stock from GBX 715 ($9.34) to GBX 745 ($9.73) in a research note on Thursday, July 4th. Jefferies Financial Group upped their price objective on Nice to $166.00 and gave the company a “buy” rating in a research note on Thursday, May 16th.

The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.27. The stock’s 50 day moving average is GBX 92.76. The stock has a market cap of $99.60 million and a price-to-earnings ratio of -12.60.

Ten Lifestyle Group Company Profile (LON:TENG)

Ten Lifestyle Group plc provides concierge services to private banks, retail banks, premium payment card providers, and high-net-worth individuals worldwide. The company assists its members to discover, organize, and book travel, dining, and live entertainment through its proprietary digital platform.

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