Tekmar Group (LON:TGP) Trading Down 0.2% – What’s Next?

Tekmar Group plc (LON:TGP)’s share price was down 0.2% during mid-day trading on Thursday . The stock traded as low as GBX 14.50 and last traded at GBX 14.96. 143,139 shares were traded during mid-day trading, a decline of 54% from the average session volume of 309,432 shares. The stock had previously closed at GBX 15.

Tekmar Group Stock Performance

The stock has a market capitalization of £20.92 million, a price-to-earnings ratio of -8.65 and a beta of 1.70. The company has a debt-to-equity ratio of 23.77, a current ratio of 1.34 and a quick ratio of 1.70. The stock has a 50-day moving average of GBX 14.75 and a 200 day moving average of GBX 12.75.

Tekmar Group (LON:TGP) last released its 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 for the quarter.

Tekmar Group Company Profile

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.