Tribal Group (LON:TRB) Trading Down 10.3% - Here's What Happened

Tribal Group plc (LON:TRB - Get Free Report) shares were down 10.3% during mid-day trading on Thursday . The stock traded as low as GBX 34.52 ($0.45) and last traded at GBX 35.86 ($0.46). Approximately 656,253 shares changed hands during trading, an increase of 23% from the average daily volume of 533,960 shares. The stock had previously closed at GBX 40 ($0.52).

Tribal Group Stock Down 2.4 %

The firm has a market cap of £91.57 million, a P/E ratio of 47.56 and a beta of 0.35. The firm's 50-day moving average price is GBX 43.65 and its 200 day moving average price is GBX 44.59. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 33.57.

Tribal Group (LON:TRB - Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The company reported GBX 4.70 ($0.06) EPS for the quarter. Tribal Group had a net margin of 2.20% and a return on equity of 3.91%. As a group, research analysts expect that Tribal Group plc will post 3.3676803 earnings per share for the current year.

Tribal Group Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, July 24th. Stockholders of record on Thursday, June 26th will be paid a GBX 0.65 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, June 26th. This represents a dividend yield of 1.62%. Tribal Group's payout ratio is 116.00%.

Tribal Group Company Profile

Tribal Group plc is a pioneering world-leader of education software and services. Its portfolio includes Student Information Systems; a broad range of education services covering quality assurance, peer review, benchmarking and improvement; and student surveys that provide the leading global benchmarks for student experience.