Tandem Group (LON:TND) Stock Falls 2.9% – Should You Sell?

Tandem Group plc (LON:TND – Get Free Report)’s share price dropped 2.9% during mid-day trading on Friday. The company traded as low as GBX 170 and last traded at GBX 170. Approximately 3,000 shares changed hands during trading, a decline of 39% from the average session volume of 4,888 shares. The stock had previously closed at GBX 175.

Tandem Group Trading Down 2.9%

The company has a debt-to-equity ratio of 12.55, a current ratio of 1.96 and a quick ratio of 1.51. The firm has a market capitalization of £9.38 million, a price-to-earnings ratio of 7.20, a PEG ratio of 0.03 and a beta of 0.83. The business has a 50 day moving average of GBX 179.75 and a 200 day moving average of GBX 175.40.

Tandem Group (LON:TND – Get Free Report) last announced its quarterly earnings results on Friday, September 25th. The company reported GBX 1.30 earnings per share for the quarter. Tandem Group had a net margin of 4.82% and a return on equity of 4.97%. As a group, research analysts predict that Tandem Group plc will post 7.20 earnings per share for the current fiscal year.

Insider Buying and Selling at Tandem Group

In other Tandem Group news, insider Simon Bragg acquired 20,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were acquired at an average price of GBX 170 per share, for a total transaction of £34,000. 36.41% of the stock is owned by company insiders.

About Tandem Group

(Get Free Report)

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

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