Team Internet Group (LON:TIG) Stock Price Up 28.1% - Time to Buy?

Team Internet Group plc (LON:TIG - Get Free Report) shares rose 28.1% on Tuesday . The company traded as high as GBX 118 ($1.47) and last traded at GBX 116.60 ($1.45). Approximately 2,284,860 shares were traded during mid-day trading, an increase of 128% from the average daily volume of 1,002,991 shares. The stock had previously closed at GBX 91 ($1.14).

Team Internet Group Price Performance

The stock's 50 day simple moving average is GBX 95.30 and its two-hundred day simple moving average is GBX 135.54. The firm has a market cap of £287.80 million, a P/E ratio of 1,643.67 and a beta of 0.60.

Insider Activity at Team Internet Group

In other Team Internet Group news, insider Max Royde bought 75,000 shares of the business's stock in a transaction on Friday, November 15th. The shares were acquired at an average cost of GBX 85 ($1.06) per share, for a total transaction of £63,750 ($79,528.44). Also, insider Marie Holive bought 25,252 shares of Team Internet Group stock in a transaction on Tuesday, December 3rd. The stock was acquired at an average cost of GBX 79 ($0.99) per share, with a total value of £19,949.08 ($24,886.58). Insiders purchased a total of 294,112 shares of company stock valued at $24,246,748 in the last 90 days. Corporate insiders own 27.74% of the company's stock.

Team Internet Group Company Profile

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.