TEAM (LON:TEAM) Shares Down 10.4% – Here’s Why

Shares of TEAM plc (LON:TEAMGet Free Report) were down 10.4% during mid-day trading on Thursday . The stock traded as low as GBX 12 and last traded at GBX 12.99. Approximately 2,042,954 shares were traded during trading, an increase of 1,692% from the average daily volume of 113,995 shares. The stock had previously closed at GBX 14.50.

TEAM Stock Performance

The firm has a market cap of £15.81 million, a PE ratio of -2.50 and a beta of 0.86. The company has a debt-to-equity ratio of 18.84, a current ratio of 2.74 and a quick ratio of 9.88. The stock has a 50-day moving average price of GBX 15.53 and a 200 day moving average price of GBX 16.95.

Insiders Place Their Bets

In other TEAM news, insider Jonathan Mark Gordon Clubb purchased 115,917 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were purchased at an average cost of GBX 17 per share, with a total value of £19,705.89. Also, insider John Cusins purchased 32,258 shares of the stock in a transaction on Thursday, July 23rd. The stock was acquired at an average price of GBX 16 per share, with a total value of £5,161.28. In the last ninety days, insiders have acquired 190,569 shares of company stock valued at $3,166,165. Insiders own 10.92% of the company’s stock.

TEAM Company Profile

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Further Reading

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