Ten Entertainment Group plc (LON:TEG – Get Rating)’s stock price rose 0.4% on Tuesday . The company traded as high as GBX 254.50 ($3.24) and last traded at GBX 254.50 ($3.24). Approximately 355,919 shares changed hands during mid-day trading, an increase of 1,206% from the average daily volume of 27,263 shares. The stock had previously closed at GBX 253.50 ($3.23).
Separately, Berenberg Bank raised their target price on Ten Entertainment Group from GBX 325 ($4.14) to GBX 350 ($4.46) and gave the company a “buy” rating in a research note on Monday, April 4th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Ten Entertainment Group presently has a consensus rating of “Buy” and a consensus target price of GBX 327.14 ($4.17).
The firm has a fifty day moving average of GBX 248.73 and a 200-day moving average of GBX 256.96. The firm has a market cap of £174.34 million and a P/E ratio of 45.17. The company has a quick ratio of 0.41, a current ratio of 0.60 and a debt-to-equity ratio of 615.02.
Ten Entertainment Group plc, together with its subsidiaries, engages in tenpin bowling operations in the United Kingdom. The company operates 46 bowling sites with approximately 1,100 bowling lanes under the Tenpin brand. It also provides amusement machine, table-tennis, soft play, laser game, pool table, restaurant, and bar services.
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