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

Team Internet Group logo with Communication Services background

Shares of Team Internet Group plc (LON:TIG - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 147.69 ($1.86) and traded as low as GBX 91 ($1.15). Team Internet Group shares last traded at GBX 92 ($1.16), with a volume of 550,014 shares.

Team Internet Group Trading Up 1.0 %

The firm's fifty day moving average price is GBX 107.54 and its 200-day moving average price is GBX 147.09. The firm has a market cap of £232.38 million, a price-to-earnings ratio of 1,327.14 and a beta of 0.60.

Insider Transactions at Team Internet Group

In related news, insider Marie Holive purchased 25,252 shares of the company's stock in a transaction that occurred on Tuesday, December 3rd. The shares were purchased at an average price of GBX 79 ($1.00) per share, for a total transaction of £19,949.08 ($25,178.69). Also, insider Max Royde acquired 47,900 shares of the firm's stock in a transaction on Friday, November 29th. The shares were bought at an average cost of GBX 80 ($1.01) per share, with a total value of £38,320 ($48,365.52). Over the last 90 days, insiders have bought 294,112 shares of company stock worth $24,246,748. Corporate insiders own 27.74% of the company's stock.

Team Internet Group Company Profile

(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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