Tremor International (NASDAQ:TRMR) Shares Down 2.5%

Tremor International Ltd (NASDAQ:TRMR) was down 2.5% during mid-day trading on Tuesday . The stock traded as low as $7.75 and last traded at $7.84. Approximately 39,300 shares traded hands during mid-day trading, an increase of 21% from the average daily volume of 32,483 shares. The stock had previously closed at $8.04.

Tremor International Stock Down 2.5 %

The stock’s 50 day moving average is $7.25 and its 200 day moving average is $6.29. The company has a market capitalization of $569.33 million, a PE ratio of -56.00 and a beta of 1.92. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.05 and a current ratio of 2.05.

Institutional Investors Weigh In On Tremor International

Several institutional investors have recently made changes to their positions in TRMR. Quadrature Capital Ltd bought a new stake in shares of Tremor International during the 4th quarter valued at $62,000. S Squared Technology LLC grew its holdings in Tremor International by 3.1% during the 4th quarter. S Squared Technology LLC now owns 328,284 shares of the company’s stock valued at $1,661,000 after buying an additional 10,000 shares in the last quarter. Finally, Mithaq Capital SPC increased its position in shares of Tremor International by 99.9% during the fourth quarter. Mithaq Capital SPC now owns 717,680 shares of the company’s stock valued at $3,631,000 after buying an additional 358,711 shares during the period. Hedge funds and other institutional investors own 7.88% of the company’s stock.

About Tremor International

Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats.