Triad Group (LON:TRD) Shares Up 1.7% – Time to Buy?

Triad Group plc (LON:TRD)’s share price shot up 1.7% on Tuesday . The stock traded as high as GBX 310 ($4.05) and last traded at GBX 305 ($3.98). 5,384 shares were traded during mid-day trading, a decline of 75% from the average session volume of 21,395 shares. The stock had previously closed at GBX 300 ($3.92).

Triad Group Price Performance

The company has a 50 day moving average of GBX 277.48 and a two-hundred day moving average of GBX 277.88. The firm has a market cap of £50.84 million, a P/E ratio of -5,083.33 and a beta of 1.36. 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 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 2nd. Stockholders of record on Thursday, August 1st were given a dividend of GBX 4 ($0.05) per share. This is a positive change from Triad Group’s previous dividend of $2.00. The ex-dividend date of this dividend was Thursday, August 1st. This represents a dividend yield of 1.37%. Triad Group’s dividend payout ratio (DPR) is -10,000.00%.

Insider Buying and Selling

In related news, insider John C. Rigg acquired 125,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was bought at an average price of GBX 280 ($3.66) per share, for a total transaction of £350,000 ($457,038.39). In related news, insider John C. Rigg acquired 125,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of GBX 280 ($3.66) per share, for a total transaction of £350,000 ($457,038.39). Also, insider Alison Lander bought 30,000 shares of the firm’s stock in a transaction on Wednesday, July 31st. The stock was purchased at an average price of GBX 285 ($3.72) per share, with a total value of £85,500 ($111,647.95). Insiders own 99.04% of the company’s stock.

Triad Group Company Profile

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.