Tandem Group (LON:TND) Shares Down 4.7%

Tandem Group plc (LON:TND)’s share price dropped 4.7% during mid-day trading on Thursday . The company traded as low as GBX 190.50 ($2.35) and last traded at GBX 192.50 ($2.38). Approximately 1,307 shares traded hands during trading, a decline of 78% from the average daily volume of 5,839 shares. The stock had previously closed at GBX 202 ($2.50).

Tandem Group Trading Down 4.7 %

The company has a debt-to-equity ratio of 16.86, a current ratio of 1.37 and a quick ratio of 1.51. The business’s 50 day moving average price is GBX 214.85 and its 200-day moving average price is GBX 171.80. The firm has a market capitalization of £10.53 million, a price-to-earnings ratio of -1,750.00, a price-to-earnings-growth ratio of 0.03 and a beta of 1.41.

About Tandem Group

Tandem Group plc designs, develops, distributes, and retails sports, leisure, and mobility products in the United Kingdom and internationally. The company offers bicycles and accessories under the Boss, British Eagle, Claud Butler, Dawes, Elswick, Explorer, Falcon, Pulse, Squish, Townsend, and Zombie brands; football training products under the Kickmaster and Strike brands; golf products under the Ben Sayers and Pro Rider brands; and garden and camping products under the Airwave and Airwave Four Seasons brands.