Team17 Group plc (LON:TM17) Insider Deborah Jayne Bestwick Sells 3,026,694 Shares

Team17 Group plc (LON:TM17 - Get Free Report) insider Deborah Jayne Bestwick sold 3,026,694 shares of Team17 Group stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of GBX 210 ($2.73), for a total transaction of £6,356,057.40 ($8,273,961.73).

Team17 Group Stock Up 0.5 %

Shares of TM17 traded up GBX 1 ($0.01) during trading hours on Friday, hitting GBX 220 ($2.86). The company had a trading volume of 108,543 shares, compared to its average volume of 447,505. The company has a market capitalization of £316.69 million, a PE ratio of -8,416.67, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company's fifty day moving average price is GBX 239.87 and its two-hundred day moving average price is GBX 267.32. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. Team17 Group plc has a one year low of GBX 145 ($1.89) and a one year high of GBX 355 ($4.62).

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TM17. Shore Capital reissued a "buy" rating on shares of Team17 Group in a research note on Wednesday, July 17th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 490 ($6.38) price target on shares of Team17 Group in a research report on Tuesday, September 17th. Finally, Royal Bank of Canada initiated coverage on shares of Team17 Group in a research report on Tuesday, July 16th. They set an "outperform" rating and a GBX 360 ($4.69) price target for the company. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, Team17 Group has a consensus rating of "Moderate Buy" and a consensus price target of GBX 347.50 ($4.52).

About Team17 Group

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.