Tribal Group (LON:TRB) Shares Pass Above Fifty Day Moving Average – Here’s Why

Shares of Tribal Group plc (LON:TRB) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 66.56 and traded as high as GBX 69.50. Tribal Group shares last traded at GBX 69.50, with a volume of 71,595 shares trading hands.

Tribal Group Stock Down 0.7%

The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 33.57. The business has a 50-day simple moving average of GBX 66.56 and a two-hundred day simple moving average of GBX 61.48. The stock has a market capitalization of £147.83 million, a P/E ratio of 18.65 and a beta of 0.35.

About Tribal Group

Tribal Group plc is a pioneering world-leader of education software and services. Its portfolio includes Student Information Systems; a broad range of education services covering quality assurance, peer review, benchmarking and improvement; and student surveys that provide the leading global benchmarks for student experience.

Working with Higher Education, Further and Tertiary Education, schools, Government and State bodies, training providers and employers, in over 55 countries; Tribal Group’s mission is to empower the world of education with products and services that underpin student success.