Team17 Group plc (LON:TM17 - Get Free Report) traded up 11.5% during mid-day trading on Wednesday . The company traded as high as GBX 206.75 ($2.60) and last traded at GBX 206.75 ($2.60). 1,381,992 shares were traded during mid-day trading, an increase of 198% from the average session volume of 463,173 shares. The stock had previously closed at GBX 185.50 ($2.33).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 490 ($6.16) target price on shares of Team17 Group in a report on Tuesday, September 17th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Team17 Group presently has an average rating of "Moderate Buy" and an average price target of GBX 347.50 ($4.37).
Read Our Latest Analysis on Team17 Group
Team17 Group Price Performance
The firm's 50-day moving average is GBX 234.40 and its 200-day moving average is GBX 262.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. The company has a market capitalization of £295.10 million, a P/E ratio of -8,416.67, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31.
Insiders Place Their Bets
In other Team17 Group news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the business's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of GBX 210 ($2.64), for a total transaction of £6,356,057.40 ($7,990,015.59). Corporate insiders own 28.15% of the company's stock.
About Team17 Group
(
Get Free Report)
Team17 Group plc, together with its subsidiaries, develops and publishes independent video games for digital and physical market in the United Kingdom and internationally. It operates through Games Label, Simulation, and Edutainment segments. The company develops and publishes owned and third-party IP video games; educational entertainment apps for children; and working simulation games.
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