Shares of Team17 Group plc (LON:TM17 - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 347.50 ($4.28).
Separately, Shore Capital reiterated a "buy" rating on shares of Team17 Group in a research report on Thursday.
Read Our Latest Analysis on TM17
Insider Buying and Selling at Team17 Group
In related news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of GBX 210 ($2.59), for a total value of £6,356,057.40 ($7,824,765.97). Insiders own 28.15% of the company's stock.
Team17 Group Trading Up 12.5 %
Team17 Group stock traded up GBX 30 ($0.37) during trading hours on Thursday, reaching GBX 270 ($3.32). 1,189,453 shares of the company's stock traded hands, compared to its average volume of 249,219. The firm has a market capitalization of £388.67 million, a price-to-earnings ratio of -8,416.67, a PEG ratio of 3.16 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. Team17 Group has a fifty-two week low of GBX 185.50 ($2.28) and a fifty-two week high of GBX 330 ($4.06). The firm's 50 day moving average is GBX 215.10 and its 200-day moving average is GBX 244.28.
About Team17 Group
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Get Free ReportTeam17 Group is a leading global indie games label developer and publisher of premium video games and apps.
The Group was founded in 1990, and Team17's Games Label successfully launched in 2014. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.
Today, the Company employs over 350 people across 8 locations in 5 countries, and operates across three divisions – Team17 Games Label, StoryToys and astragon.
The business generates 73% of sales from its back catalogue, with 35% of sales come from its owned first-party IP.
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