Tekmar Group (LON:TGP) Stock Price Down 0.7% – Here’s Why

by · The Cerbat Gem

Tekmar Group plc (LON:TGP – Get Free Report) dropped 0.7% during trading on Thursday . The stock traded as low as GBX 14 and last traded at GBX 14.15. Approximately 383,696 shares changed hands during trading, an increase of 28% from the average session volume of 299,816 shares. The stock had previously closed at GBX 14.25.

Tekmar Group Trading Down 0.7%

The business has a fifty day moving average of GBX 14.65 and a 200-day moving average of GBX 13.24. The company has a debt-to-equity ratio of 23.77, a quick ratio of 1.70 and a current ratio of 1.34. The company has a market capitalization of £19.78 million, a P/E ratio of -8.18 and a beta of 1.70.

Tekmar Group (LON:TGP – Get Free Report) last posted its quarterly earnings results on Thursday, June 18th. The company reported GBX (0.83) earnings per share (EPS) for the quarter. Tekmar Group had a negative net margin of 7.38% and a negative return on equity of 10.04%. The business had revenue of GBX 1,617 million during the quarter.

About Tekmar Group

(Get Free Report)

Tekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world’s energy transition.

Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. With near 40 years of experience, we optimise and de-risk projects, solve customer’s engineering challenges, improve safety and lower project costs.

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