TEAM (LON:TEAM) Trading 17.1% Higher on Insider Buying Activity

TEAM plc (LON:TEAM)’s share price rose 17.1% during trading on Wednesday following insider buying activity. The stock traded as high as GBX 13 ($0.17) and last traded at GBX 12.88 ($0.16). Approximately 657,391 shares changed hands during mid-day trading, an increase of 837% from the average daily volume of 70,157 shares. The stock had previously closed at GBX 11 ($0.14).

Specifically, insider Jonathan Mark Gordon Clubb purchased 28,584 shares of TEAM stock in a transaction that occurred on Monday, March 3rd. The stock was bought at an average cost of GBX 12 ($0.15) per share, for a total transaction of £3,430.08 ($4,387.97).

TEAM Stock Performance

The firm has a 50-day moving average of GBX 11.50 and a two-hundred day moving average of GBX 12.06. The company has a quick ratio of 9.88, a current ratio of 0.71 and a debt-to-equity ratio of 17.13. The company has a market capitalization of £6.68 million, a PE ratio of -3.95 and a beta of 0.01.

TEAM Company Profile