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

Team Internet Group plc (LON:TIG)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 139.04 ($1.74) and traded as low as GBX 90.70 ($1.14). Team Internet Group shares last traded at GBX 93 ($1.16), with a volume of 311,184 shares trading hands.

Team Internet Group Stock Up 1.2 %

The firm has a market capitalization of £235.38 million, a P/E ratio of 1,344.29 and a beta of 0.60. The company’s 50 day moving average is GBX 98.05 and its 200-day moving average is GBX 138.74.

Insider Transactions at Team Internet Group

In other Team Internet Group news, insider Marie Holive purchased 25,252 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The stock was acquired at an average price of GBX 79 ($0.99) per share, for a total transaction of £19,949.08 ($24,964.43). Also, insider Max Royde acquired 75,000 shares of the company’s stock in a transaction on Friday, November 15th. The stock was acquired at an average cost of GBX 85 ($1.06) per share, for a total transaction of £63,750 ($79,777.25). Insiders have purchased 294,112 shares of company stock valued at $24,246,748 in the last 90 days. 27.74% of the stock is currently owned by corporate 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.