Triad Group (LON:TRD) Shares Up 3.6% – What’s Next?

Shares of Triad Group plc (LON:TRD) traded up 3.6% during trading on Wednesday . The company traded as high as GBX 300 ($3.71) and last traded at GBX 290 ($3.58). Approximately 10,479 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 19,217 shares. The stock had previously closed at GBX 280 ($3.46).

Triad Group Price Performance

The company’s fifty day moving average is GBX 295.97 and its two-hundred day moving average is GBX 288.57. The company has a debt-to-equity ratio of 22.15, a quick ratio of 3.17 and a current ratio of 2.10. The firm has a market cap of £48.34 million, a price-to-earnings ratio of -4,833.33 and a beta of 1.36.

Triad Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 21st were given a GBX 2 ($0.02) dividend. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend was Thursday, November 21st. Triad Group’s payout ratio is -10,000.00%.

Triad Group Company Profile

Triad Group plc provides information technology consultancy services to the public, private, and not-for-profit sectors primarily in the United Kingdom. The company offers consulting and advisory; business insights; software development; project and software delivery; program management; and support services.