Team Internet Group (LON:TIG) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

by · The Cerbat Gem

Shares of Team Internet Group plc (LON:TIG – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 139.04 ($1.74) and traded as low as GBX 90.70 ($1.14). Team Internet Group shares last traded at GBX 93 ($1.16), with a volume of 311,184 shares traded.

Team Internet Group Stock Performance

The company’s 50 day simple moving average is GBX 98.05 and its 200 day simple moving average is GBX 138.74. The stock has a market cap of £235.38 million, a PE ratio of 1,344.29 and a beta of 0.60.

Insider Activity at Team Internet Group

In related news, insider Max Royde purchased 47,900 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were bought at an average price of GBX 80 ($1.00) per share, with a total value of £38,320 ($47,953.95). Also, insider Marie Holive acquired 25,252 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was purchased at an average price of GBX 79 ($0.99) per share, for a total transaction of £19,949.08 ($24,964.43). Over the last three months, insiders acquired 294,112 shares of company stock valued at $24,246,748. 27.74% of the stock is owned by insiders.

Team Internet Group Company Profile

(Get Free Report)

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients.

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