Team Internet Group (LON:TIG) Share Price Crosses Above 200 Day Moving Average of $129.04

Team Internet Group plc (LON:TIG) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 129.04 ($1.59) and traded as high as GBX 140 ($1.73). Team Internet Group shares last traded at GBX 139.20 ($1.72), with a volume of 251,625 shares changing hands.

Team Internet Group Price Performance

The business’s fifty day simple moving average is GBX 138.30 and its two-hundred day simple moving average is GBX 129.04. The company has a market cap of £350.22 million, a PE ratio of 1,988.57 and a beta of 0.40.

Team Internet Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 2 ($0.02) per share. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 1.46%. This is a boost from Team Internet Group’s previous dividend of $0.12. Team Internet Group’s payout ratio is currently 2,857.14%.

About Team Internet Group

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients.