Tandem Group (LON:TND) Shares Up 2.6% – Here’s Why

Tandem Group plc (LON:TND)’s stock price shot up 2.6% during mid-day trading on Friday . The stock traded as high as GBX 166.75 ($2.03) and last traded at GBX 166.75 ($2.03). 899 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 1,865 shares. The stock had previously closed at GBX 162.50 ($1.98).

Tandem Group Stock Up 2.6 %

The company has a debt-to-equity ratio of 20.32, a quick ratio of 1.51 and a current ratio of 1.93. The business has a 50 day simple moving average of GBX 162.37 and a 200-day simple moving average of GBX 161.52. The firm has a market capitalization of £9.12 million, a price-to-earnings ratio of -1,042.19, a P/E/G ratio of 0.03 and a beta of 1.43.

About Tandem Group

Tandem Group plc is a designer, developer, distributor and retailer of sports, leisure and mobility products.