Tribal Group (LON:TRB) Stock Price Down 10.3% – Here’s What Happened

Shares of Tribal Group plc (LON:TRB) traded down 10.3% during mid-day trading on Thursday . The company traded as low as GBX 34.52 ($0.45) and last traded at GBX 35.86 ($0.46). 656,253 shares were traded during trading, an increase of 23% from the average session volume of 533,960 shares. The stock had previously closed at GBX 40 ($0.52).

Tribal Group Trading Up 2.6 %

The firm has a 50-day simple moving average of GBX 43.65 and a 200-day simple moving average of GBX 44.62. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 33.57. The stock has a market cap of £89.34 million, a PE ratio of 46.40 and a beta of 0.35.

Tribal Group (LON:TRB) last issued its quarterly earnings data on Thursday, March 27th. The company reported GBX 4.70 ($0.06) earnings per share (EPS) for the quarter. Tribal Group had a return on equity of 3.91% and a net margin of 2.20%. Equities analysts forecast that Tribal Group plc will post 3.3676803 earnings per share for the current year.

Tribal Group Announces Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, June 26th will be paid a dividend of GBX 0.65 ($0.01) per share. The ex-dividend date of this dividend is Thursday, June 26th. This represents a yield of 1.62%. Tribal Group’s dividend payout ratio is currently 116.00%.

Tribal Group Company Profile

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.