Tandem Group (LON:TND) Shares Up 7.7%

Tandem Group plc (LON:TND – Get Rating)’s share price shot up 7.7% on Thursday . The stock traded as high as GBX 360 ($4.44) and last traded at GBX 350 ($4.31). 14,823 shares were traded during trading, a decline of 5% from the average session volume of 15,648 shares. The stock had previously closed at GBX 325 ($4.01).

The company has a market capitalization of £18.74 million and a PE ratio of 4.99. The company has a debt-to-equity ratio of 17.77, a current ratio of 1.98 and a quick ratio of 1.30. The company’s fifty day moving average is GBX 400.66 and its 200-day moving average is GBX 514.82.

The business also recently declared a dividend, which will be paid on Thursday, June 30th. Stockholders of record on Thursday, May 12th will be issued a GBX 6.57 ($0.08) dividend. The ex-dividend date is Thursday, May 12th. This is an increase from Tandem Group’s previous dividend of $3.43. This represents a dividend yield of 1.41%. Tandem Group’s dividend payout ratio (DPR) is currently 0.13%.

In other news, insider Jim Shears sold 3,950 shares of Tandem Group stock in a transaction on Tuesday, April 5th. The stock was sold at an average price of GBX 382 ($4.71), for a total value of £15,089 ($18,600.84).

About Tandem Group (LON:TND)

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, Exile, 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.

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