Tribal Group (LON:TRB) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Tribal Group plc (LON:TRBGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 46.89 ($0.59) and traded as low as GBX 43.60 ($0.55). Tribal Group shares last traded at GBX 43.60 ($0.55), with a volume of 9,917 shares.

Tribal Group Price Performance

The stock’s 50-day moving average price is GBX 44.02 and its 200-day moving average price is GBX 46.70. The company has a market capitalization of £101.40 million, a price-to-earnings ratio of 52.67 and a beta of 0.35. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 33.57.

About Tribal Group

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Tribal Group plc is a pioneering world-leader of education software and services. Its portfolio includes Student Information Systems; a broad range of education services covering quality assurance, peer review, benchmarking and improvement; and student surveys that provide the leading global benchmarks for student experience.

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