Triad Group (LON:TRD) Hits New 1-Year High – Here’s Why

Triad Group plc (LON:TRD)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 400 and last traded at GBX 377.80, with a volume of 25461 shares. The stock had previously closed at GBX 370.

Triad Group Stock Up 2.1%

The firm has a market capitalization of £65.85 million, a price-to-earnings ratio of 38.24 and a beta of 0.89. The company has a current ratio of 2.57, a quick ratio of 3.17 and a debt-to-equity ratio of 7.10. The stock has a fifty day moving average of GBX 322.38 and a 200-day moving average of GBX 299.12.

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

Insider Buying and Selling

In other news, insider Charlotte Rigg acquired 8,619 shares of the stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 334 per share, for a total transaction of £28,787.46. Also, insider Tim Eckes bought 1,667 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 320 per share, for a total transaction of £5,334.40. Company insiders own 35.47% of the company’s stock.

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.