Tekmar Group (LON:TGP) Trading Up 1.4% – What’s Next?

Tekmar Group plc (LON:TGP)’s stock price shot up 1.4% during trading on Thursday . The company traded as high as GBX 15 and last traded at GBX 15. 65,550 shares changed hands during trading, a decline of 80% from the average daily volume of 328,072 shares. The stock had previously closed at GBX 14.80.

Tekmar Group Stock Up 1.4%

The firm has a market capitalization of £20.97 million, a PE ratio of -8.67 and a beta of 1.70. The company has a debt-to-equity ratio of 23.77, a current ratio of 1.34 and a quick ratio of 1.70. The company has a 50-day moving average price of GBX 14.46 and a 200 day moving average price of GBX 12.33.

Tekmar Group (LON:TGP) last released its earnings results on Thursday, June 18th. The company reported GBX (0.83) earnings per share (EPS) for the quarter. Tekmar Group had a negative return on equity of 10.04% and a negative net margin of 7.38%.The business had revenue of GBX 1,617 million for the quarter.

About Tekmar Group

Tekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world’s energy transition.

Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. With near 40 years of experience, we optimise and de-risk projects, solve customer’s engineering challenges, improve safety and lower project costs.