Tribal Group (LON:TRB) Stock Price Down 2.6% - Here's What Happened

Tribal Group plc (LON:TRB - Get Free Report)'s stock price was down 2.6% during mid-day trading on Tuesday . The company traded as low as GBX 40.45 ($0.52) and last traded at GBX 40.80 ($0.52). Approximately 2,253,975 shares changed hands during trading, an increase of 1,548% from the average daily volume of 136,781 shares. The stock had previously closed at GBX 41.90 ($0.53).

Tribal Group Price Performance

The firm has a market cap of £88.40 million, a PE ratio of 4,140.00 and a beta of 0.35. The firm's fifty day simple moving average is GBX 44.76 and its two-hundred day simple moving average is GBX 50.81. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 33.57.

Insider Activity at Tribal Group

In related news, insider Diane McIntyre sold 49,000 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of GBX 48 ($0.61), for a total transaction of £23,520 ($30,003.83). 33.30% of the stock is owned by corporate insiders.

Tribal Group Company Profile

Tribal Group plc, through its subsidiaries, provides software and services to education institutions worldwide. The company operates in two segments, Student Information Systems (SIS) and Education Services (ES). The SIS segment offers software, and maintenance and support services; and deploys and configures software solutions, asset management, and information managed services for its customers.