Ten Entertainment Group’s (TEG) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Ten Entertainment Group (LON:TEG) in a research note released on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Liberum Capital reissued a buy rating on shares of Ten Entertainment Group in a report on Tuesday, September 24th.

TEG stock traded up GBX 11 ($0.14) during trading on Thursday, hitting GBX 265 ($3.46). 71,930 shares of the stock traded hands, compared to its average volume of 7,966. Ten Entertainment Group has a one year low of GBX 207 ($2.70) and a one year high of GBX 256.90 ($3.36). The stock has a market cap of $172.25 million and a price-to-earnings ratio of 21.20. The company has a 50 day simple moving average of GBX 241.15 and a 200 day simple moving average of GBX 233.24. The company has a current ratio of 0.57, a quick ratio of 0.28 and a debt-to-equity ratio of 28.92.

The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, November 21st will be given a GBX 3.70 ($0.05) dividend. This represents a yield of 1.52%. The ex-dividend date is Thursday, November 21st. Ten Entertainment Group’s payout ratio is presently 0.88%.

In related news, insider Duncan Garrood acquired 6,000 shares of the stock in a transaction on Thursday, October 10th. The stock was purchased at an average price of GBX 250 ($3.27) per share, for a total transaction of £15,000 ($19,600.16).

About Ten Entertainment Group

Ten Entertainment Group plc, together with its subsidiaries, engages in tenpin bowling operations in the United Kingdom. The company operates 42 bowling sites with approximately 1,000 bowling lanes under the Tenpin brand. It also provides amusement machine, table-tennis, soft play, laser game, pool table, and restaurant and bar services.

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