Triad Group (LON:TRD) Hits New 52-Week High – Here’s Why

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 trading hands. The stock had previously closed at GBX 345 ($4.25).

Triad Group Stock Performance

The firm’s 50 day moving average is GBX 296.86 and its 200-day moving average is GBX 290.60. The stock has a market capitalization 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 issued its quarterly earnings data on Thursday, November 7th. The company reported GBX 4.66 ($0.06) earnings per share for the quarter. Triad Group had a negative net margin of 7.21% and a negative return on equity of 23.58%.

Triad Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 21st were issued 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

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.