Tribal Group (LON:TRB) Trading Down 2.6% – Should You Sell?

Shares of Tribal Group plc (LON:TRB) were down 2.6% during trading on Tuesday . The company traded as low as GBX 40.45 ($0.52) and last traded at GBX 40.80 ($0.52). Approximately 2,253,975 shares traded hands during trading, an increase of 1,548% from the average daily volume of 136,781 shares. The stock had previously closed at GBX 41.90 ($0.54).

Tribal Group Trading Down 2.6 %

The company has a debt-to-equity ratio of 33.57, a current ratio of 0.51 and a quick ratio of 0.51. The stock has a market cap of £87.12 million, a price-to-earnings ratio of 4,080.00 and a beta of 0.35. The business’s 50 day moving average is GBX 44.76 and its 200 day moving average is GBX 50.92.

Insider Transactions at Tribal Group

In other news, insider Diane McIntyre sold 49,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of GBX 48 ($0.61), for a total transaction of £23,520 ($30,049.83). Insiders own 33.30% of the company’s stock.

Tribal Group Company Profile

Tribal Group plc, through its subsidiaries, provides software and services to education institutions worldwide. The company operates in two segments, Student Information Systems (SIS) and Education Services (ES). The SIS segment offers software, and maintenance and support services; and deploys and configures software solutions, asset management, and information managed services for its customers.