Tekmar Group (LON:TGP) Releases Quarterly Earnings Results

Tekmar Group (LON:TGP) released its earnings results on Tuesday. The company reported GBX (1) (($0.01)) EPS for the quarter, Digital Look Earnings reports. Tekmar Group had a negative return on equity of 53.81% and a negative net margin of 23.74%.

Tekmar Group Stock Performance

Shares of LON:TGP traded down GBX 0.12 ($0.00) on Thursday, hitting GBX 6.13 ($0.08). 43,753 shares of the company were exchanged, compared to its average volume of 535,498. The firm has a market capitalization of £8.06 million, a P/E ratio of -1.80 and a beta of 2.06. The company has a current ratio of 1.59, a quick ratio of 1.70 and a debt-to-equity ratio of 21.65. Tekmar Group has a 1-year low of GBX 4.50 ($0.06) and a 1-year high of GBX 10.88 ($0.14). The stock’s 50 day moving average price is GBX 6.22 and its 200 day moving average price is GBX 7.43.

Insider Activity at Tekmar Group

In other Tekmar Group news, insider Richard Turner acquired 799,313 shares of the firm’s stock in a transaction on Monday, January 27th. The stock was acquired at an average cost of GBX 8 ($0.10) per share, for a total transaction of £63,945.04 ($82,424.65). 46.21% of the stock is owned by insiders.

Tekmar Group Company Profile

Tekmar Group plc (AIM:TGP) 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.