Tekmar Group (LON:TGP) Posts Earnings Results

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

Tekmar Group Trading Up 1.5 %

TGP stock opened at GBX 6.35 ($0.08) on Wednesday. The company has a quick ratio of 1.70, a current ratio of 1.59 and a debt-to-equity ratio of 21.65. Tekmar Group has a 52-week low of GBX 4.50 ($0.06) and a 52-week high of GBX 10.88 ($0.14). The company’s 50-day simple moving average is GBX 6.24 and its 200-day simple moving average is GBX 7.47. The firm has a market cap of £8.35 million, a P/E ratio of -1.86 and a beta of 2.06.

Insider Buying and Selling

In other news, insider Richard Turner acquired 799,313 shares of Tekmar Group stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average cost of GBX 8 ($0.10) per share, with a total value of £63,945.04 ($81,802.53). 46.21% of the stock is currently owned by insiders.

About Tekmar Group

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.