Tandem Group (LON:TND) Stock Price Down 2.2% – Here’s Why

Shares of Tandem Group plc (LON:TNDGet Free Report) fell 2.2% on Tuesday . The company traded as low as GBX 182 and last traded at GBX 182. Approximately 40 shares were traded during trading, a decline of 99% from the average daily volume of 5,014 shares. The stock had previously closed at GBX 186.

Tandem Group Stock Down 1.9%

The company has a debt-to-equity ratio of 13.20, a current ratio of 2.20 and a quick ratio of 1.51. The stock has a 50 day simple moving average of GBX 179.77 and a 200-day simple moving average of GBX 173.28. The firm has a market cap of £9.74 million, a PE ratio of 11.46, a PEG ratio of 0.03 and a beta of 0.83.

Insider Activity

In other news, insider Simon Bragg purchased 50,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were bought at an average price of GBX 165 per share, for a total transaction of £82,500. 36.41% of the stock is currently owned by corporate insiders.

Tandem Group Company Profile

(Get Free Report)

Tandem Group plc is a designer, developer, distributor and retailer of sports, leisure and mobility products.

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