Team Internet Group (LON:TIG) Trading Down 27.7% – Here’s Why

Team Internet Group plc (LON:TIGGet Free Report) dropped 27.7% during mid-day trading on Tuesday . The company traded as low as GBX 55.50 ($0.72) and last traded at GBX 71.33 ($0.92). Approximately 15,281,697 shares were traded during trading, an increase of 1,289% from the average daily volume of 1,100,094 shares. The stock had previously closed at GBX 98.60 ($1.27).

Team Internet Group Stock Performance

The firm has a market cap of £174.65 million, a P/E ratio of 7.60 and a beta of 0.60. The firm’s fifty day moving average is GBX 100.37 and its 200 day moving average is GBX 111.25.

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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