Team Internet Group (LON:TIG) Trading Down 27.7% – What’s Next?

Team Internet Group plc (LON:TIGGet Free Report)’s share price fell 27.7% on Tuesday . The company traded as low as GBX 55.50 ($0.71) and last traded at GBX 71.33 ($0.91). 15,281,697 shares changed hands during trading, an increase of 1,289% from the average session volume of 1,100,094 shares. The stock had previously closed at GBX 98.60 ($1.25).

Team Internet Group Stock Down 35.6 %

The business has a 50 day moving average price of GBX 101.94 and a 200-day moving average price of GBX 112.58. The firm has a market cap of £193.53 million, a price-to-earnings ratio of 8.42 and a beta of 0.60.

About Team Internet Group

(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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