Team Internet Group (LON:TIG) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Team Internet Group plc (LON:TIG) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 147.69 ($1.86) and traded as low as GBX 91 ($1.15). Team Internet Group shares last traded at GBX 92 ($1.16), with a volume of 550,014 shares.

Team Internet Group Stock Performance

The firm has a market capitalization of £232.38 million, a PE ratio of 1,327.14 and a beta of 0.60. The business’s fifty day simple moving average is GBX 107.54 and its 200-day simple moving average is GBX 147.09.

Insider Buying and Selling

In other news, insider Max Royde acquired 88,960 shares of Team Internet Group stock in a transaction on Wednesday, November 27th. The shares were acquired at an average price of GBX 79 ($1.00) per share, with a total value of £70,278.40 ($88,701.75). Also, insider Marie Holive acquired 25,252 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were purchased at an average cost of GBX 79 ($1.00) per share, for a total transaction of £19,949.08 ($25,178.69). Over the last quarter, insiders purchased 294,112 shares of company stock worth $24,246,748. 27.74% of the stock is owned by insiders.

About Team Internet Group

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.