Tribal Group (LON:TRB) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Shares of Tribal Group plc (LON:TRB) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 43.64 ($0.58) and traded as low as GBX 39.20 ($0.52). Tribal Group shares last traded at GBX 43 ($0.58), with a volume of 15,742 shares traded.

Tribal Group Price Performance

The stock’s 50 day moving average is GBX 41.07 and its two-hundred day moving average is GBX 43.64. The company has a debt-to-equity ratio of 33.57, a current ratio of 0.52 and a quick ratio of 0.51. The stock has a market capitalization of £92.41 million, a PE ratio of 48.00 and a beta of 0.35.

Tribal Group (LON:TRB) last released its earnings results on Thursday, March 27th. The company reported GBX 4.70 ($0.06) earnings per share for the quarter. Tribal Group had a net margin of 2.20% and a return on equity of 3.91%. As a group, sell-side analysts forecast that Tribal Group plc will post 3.3676803 earnings per share for the current fiscal year.

Tribal Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, June 26th will be paid a dividend of GBX 0.65 ($0.01) per share. The ex-dividend date is Thursday, June 26th. This represents a dividend yield of 1.62%. Tribal Group’s payout ratio is 116.00%.

About Tribal Group

Tribal Group plc is a pioneering world-leader of education software and services. Its portfolio includes Student Information Systems; a broad range of education services covering quality assurance, peer review, benchmarking and improvement; and student surveys that provide the leading global benchmarks for student experience.