Team Internet Group (LON:TIG) Stock Price Down 27.7% – What’s Next?

Team Internet Group plc (LON:TIG) dropped 27.7% on Tuesday . The company traded as low as GBX 55.50 ($0.72) and last traded at GBX 71.33 ($0.92). Approximately 15,281,697 shares traded hands during mid-day trading, an increase of 1,289% from the average daily volume of 1,100,094 shares. The stock had previously closed at GBX 98.60 ($1.27).

Team Internet Group Stock Up 4.5 %

The firm has a 50 day moving average of GBX 100.37 and a 200-day moving average of GBX 111.25. The firm has a market capitalization of £174.65 million, a P/E ratio of 7.60 and a beta of 0.60.

Team Internet Group Company Profile

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.