Tandem Group (LON:TND) Trading Down 4% – Should You Sell?

Tandem Group plc (LON:TND)’s stock price dropped 4% during trading on Friday . The company traded as low as GBX 156 ($1.96) and last traded at GBX 156 ($1.96). Approximately 4 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 3,996 shares. The stock had previously closed at GBX 162.50 ($2.04).

Tandem Group Stock Performance

The business’s 50 day simple moving average is GBX 162.92 and its two-hundred day simple moving average is GBX 162.87. The firm has a market capitalization of £8.53 million, a PE ratio of -975.00, a price-to-earnings-growth ratio of 0.03 and a beta of 1.43. The company has a current ratio of 1.93, a quick ratio of 1.51 and a debt-to-equity ratio of 20.32.

About Tandem Group

Tandem Group plc designs, develops, distributes, and retails sports, leisure, and mobility products in the United Kingdom and internationally. The company offers bicycles and accessories under the Boss, British Eagle, Claud Butler, Dawes, Elswick, Explorer, Falcon, Pulse, Squish, Townsend, and Zombie brands; football training products under the Kickmaster and Strike brands; golf products under the Ben Sayers and Pro Rider brands; and garden and camping products under the Airwave and Airwave Four Seasons brands.