Team Internet Group (LON:TIG) Trading Up 16.2% – Still a Buy?

Team Internet Group plc (LON:TIGGet Free Report)’s share price was up 16.2% on Friday . The company traded as high as GBX 39.70 and last traded at GBX 39.50. Approximately 372,195 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 481,645 shares. The stock had previously closed at GBX 34.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 90 price target on shares of Team Internet Group in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 90.

Get Our Latest Stock Report on Team Internet Group

Team Internet Group Stock Performance

The stock’s 50 day simple moving average is GBX 36.56 and its two-hundred day simple moving average is GBX 42.91. The firm has a market capitalization of £98.80 million, a PE ratio of 4.58 and a beta of 0.51.

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. The Online Marketing segment offers privacy-safe AI-based customer journeys that help online consumers make informed choices. It also sells domain names to registrants and license registry management platform.

See Also

Receive News & Ratings for Team Internet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Team Internet Group and related companies with MarketBeat.com's FREE daily email newsletter.