Triad Group (LON:TRD) Stock Price Up 3.6% – Still a Buy?

Triad Group plc (LON:TRD)’s stock price shot up 3.6% during mid-day trading on Wednesday . The stock traded as high as GBX 300 ($3.66) and last traded at GBX 290 ($3.54). 10,479 shares changed hands during trading, a decline of 45% from the average session volume of 19,217 shares. The stock had previously closed at GBX 280 ($3.42).

Triad Group Stock Performance

The stock’s 50-day moving average price is GBX 295.13 and its 200 day moving average price is GBX 288.56. The company has a quick ratio of 3.17, a current ratio of 2.10 and a debt-to-equity ratio of 22.15. The company has a market cap of £47.18 million, a P/E ratio of -4,716.67 and a beta of 1.36.

Triad Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 21st were given a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 0.61%. Triad Group’s dividend payout ratio is currently -10,000.00%.

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.