Triad Group (LON:TRD) Sets New 12-Month High – Still a Buy?

Triad Group plc (LON:TRD)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 360 ($4.43) and last traded at GBX 358 ($4.41), with a volume of 2269 shares traded. The stock had previously closed at GBX 345 ($4.25).

Triad Group Price Performance

The stock’s 50 day simple moving average is GBX 296.86 and its 200-day simple moving average is GBX 290.60. The firm has a market cap of £59.68 million, a price-to-earnings ratio of -5,966.67 and a beta of 1.36. The company has a debt-to-equity ratio of 22.15, a quick ratio of 3.17 and a current ratio of 2.10.

Triad Group (LON:TRD) last released its earnings results on Thursday, November 7th. The company reported GBX 4.66 ($0.06) earnings per share (EPS) for the quarter. Triad Group had a negative return on equity of 23.58% and a negative net margin of 7.21%.

Triad Group Cuts Dividend

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

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.