Team Internet Group (LON:TIG) Stock Price Up 28.1% – Should You Buy?

Team Internet Group plc (LON:TIG)’s stock price shot up 28.1% during mid-day trading on Tuesday . The stock traded as high as GBX 118 ($1.46) and last traded at GBX 116.60 ($1.44). 2,284,860 shares were traded during mid-day trading, an increase of 128% from the average session volume of 1,002,991 shares. The stock had previously closed at GBX 91 ($1.12).

Team Internet Group Stock Down 0.5 %

The business has a fifty day moving average of GBX 95.12 and a 200 day moving average of GBX 135.39. The firm has a market cap of £293.74 million, a P/E ratio of 1,677.60 and a beta of 0.60.

Insider Transactions at Team Internet Group

In other news, insider Marie Holive acquired 25,252 shares of Team Internet Group stock in a transaction dated Tuesday, December 3rd. The stock was bought at an average price of GBX 79 ($0.98) per share, for a total transaction of £19,949.08 ($24,658.94). Also, insider Max Royde bought 88,960 shares of the stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average price of GBX 79 ($0.98) per share, for a total transaction of £70,278.40 ($86,870.70). In the last three months, insiders acquired 294,112 shares of company stock worth $24,246,748. 27.74% of the stock is owned by company insiders.

Team Internet Group Company Profile

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.