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Team Internet Group (LON:TIG) Stock Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Team Internet Group logo with Communication Services background

Team Internet Group plc (LON:TIG - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 139.04 ($1.74) and traded as low as GBX 90.70 ($1.14). Team Internet Group shares last traded at GBX 93 ($1.16), with a volume of 311,184 shares changing hands.

Team Internet Group Stock Performance

The company has a 50 day moving average price of GBX 98.64 and a 200 day moving average price of GBX 139.04. The company has a market capitalization of £235.38 million, a price-to-earnings ratio of 1,344.29 and a beta of 0.60.

Insider Activity

In related news, insider Max Royde purchased 88,960 shares of the business's stock in a transaction on Wednesday, November 27th. The stock was acquired at an average price of GBX 79 ($0.99) per share, for a total transaction of £70,278.40 ($87,946.94). Also, insider Marie Holive acquired 25,252 shares of the stock in a transaction dated Tuesday, December 3rd. The stock was bought at an average cost of GBX 79 ($0.99) per share, with a total value of £19,949.08 ($24,964.43). Insiders bought a total of 294,112 shares of company stock worth $24,246,748 over the last quarter. 27.74% of the stock is currently owned by corporate insiders.

About Team Internet Group

(Get Free Report)

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients.

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