Tekmar Group (LON:TGP) Announces Quarterly Earnings Results

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

Tekmar Group Stock Up 3.6 %

Shares of TGP traded up GBX 0.23 ($0.00) during midday trading on Thursday, reaching GBX 6.48 ($0.08). 27,341 shares of the company were exchanged, compared to its average volume of 535,142. The stock has a 50-day moving average price of GBX 6.22 and a 200-day moving average price of GBX 7.43. The company has a market cap of £8.52 million, a price-to-earnings ratio of -1.90 and a beta of 2.06. The company has a current ratio of 1.59, a quick ratio of 1.70 and a debt-to-equity ratio of 21.65. Tekmar Group has a 1-year low of GBX 4.50 ($0.06) and a 1-year high of GBX 10.88 ($0.14).

Insiders Place Their Bets

In other Tekmar Group news, insider Richard Turner acquired 799,313 shares of the stock in a transaction on Monday, January 27th. The stock was purchased at an average price of GBX 8 ($0.10) per share, for a total transaction of £63,945.04 ($82,424.65). 46.21% of the stock is owned by company insiders.

Tekmar Group Company Profile

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.