Triad Group (LON:TRD) Trading 3.6% Higher – Time to Buy?

Triad Group plc (LON:TRDGet Free Report)’s stock price was up 3.6% on Wednesday . The company traded as high as GBX 300 ($3.66) and last traded at GBX 290 ($3.54). 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 ($3.42).

Triad Group Price Performance

The firm has a market capitalization of £47.18 million, a P/E ratio of -4,716.67 and a beta of 1.36. The business’s 50-day simple moving average is GBX 295.13 and its 200 day simple moving average is GBX 288.56. The company has a quick ratio of 3.17, a current ratio of 2.10 and a debt-to-equity ratio of 22.15.

Triad Group Cuts Dividend

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

About Triad Group

(Get Free Report)

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.

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