Tekmar Group (LON:TGP) Stock Falls 3.4% – Here’s What Happened

Tekmar Group plc (LON:TGP – Get Free Report)’s stock price fell 3.4% on Thursday. The stock traded as low as GBX 11.11 and last traded at GBX 11.11. Approximately 473,984 shares were traded during mid-day trading, an increase of 61% from the average daily volume of 293,594 shares. The stock had previously closed at GBX 11.50.

Tekmar Group Stock Down 3.4%

The company has a current ratio of 1.34, a quick ratio of 1.70 and a debt-to-equity ratio of 23.77. The business’s 50-day simple moving average is GBX 14.17 and its 200-day simple moving average is GBX 13.57. The company has a market capitalization of £15.53 million, a PE ratio of -6.42 and a beta of 1.70.

About Tekmar Group

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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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