Tremor International (NASDAQ:TRMR) Hits New 1-Year High – What’s Next?

Tremor International Ltd (NASDAQ:TRMR) reached a new 52-week high on Thursday . The stock traded as high as $8.69 and last traded at $8.66, with a volume of 205902 shares trading hands. The stock had previously closed at $7.90.

Tremor International Stock Down 5.7 %

The company has a market capitalization of $593.29 million, a P/E ratio of -58.36 and a beta of 1.92. The company has a 50-day moving average of $7.55 and a two-hundred day moving average of $6.51. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.23.

Institutional Investors Weigh In On Tremor International

A hedge fund recently bought a new stake in Tremor International stock. Quadrature Capital Ltd acquired a new stake in Tremor International Ltd (NASDAQ:TRMR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,213 shares of the company’s stock, valued at approximately $62,000. 7.88% of the stock is owned by institutional investors.

About Tremor International

Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats.