Triad Group (LON:TRD) Shares Down 4.5% – Here’s What Happened

Triad Group plc (LON:TRD)’s share price fell 4.5% on Friday . The stock traded as low as GBX 270 and last traded at GBX 277. 3,232 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 18,210 shares. The stock had previously closed at GBX 290.

Triad Group Stock Down 4.5%

The company has a market cap of £48.25 million, a price-to-earnings ratio of 28.01 and a beta of 1.36. The business has a fifty day moving average of GBX 302.26 and a two-hundred day moving average of GBX 295.80. The company has a current ratio of 2.10, a quick ratio of 3.17 and a debt-to-equity ratio of 22.15.

Insider Activity at Triad Group

In related news, insider James McDonald sold 33,194 shares of the business’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of GBX 230, for a total value of £76,346.20. Also, insider Chris Duckworth sold 4,000 shares of the company’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of GBX 312, for a total transaction of £12,480. In the last quarter, insiders have sold 70,388 shares of company stock valued at $16,517,240. 35.94% of the stock is owned by company insiders.

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.