Triad Group (LON:TRD) Reaches New 1-Year High – Should You Buy?

Triad Group plc (LON:TRD) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 377.50 and last traded at GBX 377.50, with a volume of 15188 shares traded. The stock had previously closed at GBX 360.

Triad Group Stock Performance

The company has a quick ratio of 3.17, a current ratio of 2.57 and a debt-to-equity ratio of 7.10. The company’s 50-day moving average is GBX 314.92 and its two-hundred day moving average is GBX 295.38. The company has a market capitalization of £65.79 million, a P/E ratio of 38.21 and a beta of 0.89.

Triad Group (LON:TRD) last announced its earnings results on Monday, June 22nd. The company reported GBX 9.92 earnings per share for the quarter. Triad Group had a net margin of 6.86% and a return on equity of 35.58%. The business had revenue of GBX 2,478 million for the quarter.

Insiders Place Their Bets

In related news, insider Tim Eckes acquired 1,667 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was bought at an average cost of GBX 320 per share, with a total value of £5,334.40. Also, insider Charlotte Rigg bought 8,619 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was bought at an average price of GBX 334 per share, with a total value of £28,787.46. 35.47% of the stock is owned by corporate insiders.

About Triad Group

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. Triad Group Plc was incorporated in 1988 and is based in Godalming, the United Kingdom.