Team Internet Group (LON:TIG) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Team Internet Group plc (LON:TIGGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 56.06 and traded as low as GBX 48.40. Team Internet Group shares last traded at GBX 48.40, with a volume of 591,946 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their target price on Team Internet Group from GBX 100 to GBX 90 and set a “buy” rating for the company in a report on Thursday, November 13th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 90.

View Our Latest Analysis on Team Internet Group

Team Internet Group Stock Performance

The firm has a market capitalization of £122.57 million, a P/E ratio of 5.68 and a beta of 0.60. The stock has a 50-day moving average of GBX 47.05 and a 200 day moving average of GBX 56.06.

Team Internet Group Company Profile

(Get Free Report)

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. The Online Marketing segment offers privacy-safe AI-based customer journeys that help online consumers make informed choices. It also sells domain names to registrants and license registry management platform.

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