Team Internet Group (LON:TIG) Hits New 1-Year High at $193.00

Team Internet Group plc (LON:TIGGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 193 ($2.46) and last traded at GBX 189.70 ($2.42), with a volume of 1008581 shares trading hands. The stock had previously closed at GBX 191 ($2.44).

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on shares of Team Internet Group from GBX 185 ($2.36) to GBX 205 ($2.62) and gave the company a “buy” rating in a research note on Monday, May 13th.

Check Out Our Latest Research Report on Team Internet Group

Team Internet Group Price Performance

The company has a market cap of £496.28 million, a price-to-earnings ratio of 2,708.57 and a beta of 0.41. The business’s 50-day simple moving average is GBX 150.53 and its 200-day simple moving average is GBX 135.75.

Team Internet Group Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 28th. Shareholders of record on Thursday, April 25th were given a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Thursday, April 25th. This represents a yield of 1.46%. This is a boost from Team Internet Group’s previous dividend of $0.12. Team Internet Group’s payout ratio is presently 2,857.14%.

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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