Team Internet Group (LON:TIG) Reaches New 1-Year Low – Time to Sell?

Team Internet Group plc (LON:TIGGet Free Report) hit a new 52-week low on Friday . The stock traded as low as GBX 44.50 and last traded at GBX 45, with a volume of 83174 shares traded. The stock had previously closed at GBX 45.90.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 100 target price on shares of Team Internet Group in a report on Monday, September 1st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 100.

Read Our Latest Research Report on TIG

Team Internet Group Price Performance

The stock has a 50-day moving average price of GBX 56.76 and a 200-day moving average price of GBX 60.87. The firm has a market capitalization of £112.56 million, a PE ratio of 5.21 and a beta of 0.60.

About Team Internet Group

(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.

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