Tekmar Group (LON:TGP) Announces Quarterly Earnings Results

Tekmar Group (LON:TGP) issued its quarterly earnings data on Tuesday. The company reported GBX (1) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tekmar Group had a negative return on equity of 53.81% and a negative net margin of 23.74%.

Tekmar Group Stock Performance

Shares of LON:TGP traded down GBX 0.12 ($0.00) on Thursday, reaching GBX 6.13 ($0.08). 43,753 shares of the company’s stock were exchanged, compared to its average volume of 535,498. Tekmar Group has a twelve month low of GBX 4.50 ($0.06) and a twelve month high of GBX 10.88 ($0.14). The company has a fifty day moving average of GBX 6.22 and a 200-day moving average of GBX 7.43. The company has a market capitalization of £8.06 million, a price-to-earnings ratio of -1.80 and a beta of 2.06. The company has a current ratio of 1.59, a quick ratio of 1.70 and a debt-to-equity ratio of 21.65.

Insider Activity

In related news, insider Richard Turner purchased 799,313 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was acquired at an average price of GBX 8 ($0.10) per share, with a total value of £63,945.04 ($82,424.65). 46.21% of the stock is owned by company insiders.

About Tekmar Group

Tekmar Group plc (AIM:TGP) collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world’s energy transition.

Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure.