Insider Selling: Team17 Group plc (LON:TM17) Insider Sells 3,026,694 Shares of Stock

Team17 Group plc (LON:TM17Get Free Report) insider Deborah Jayne Bestwick sold 3,026,694 shares of Team17 Group stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of GBX 210 ($2.73), for a total value of £6,356,057.40 ($8,273,961.73).

Team17 Group Stock Up 0.5 %

LON TM17 opened at GBX 220 ($2.86) on Friday. The stock has a 50 day moving average price of GBX 239.21 and a 200-day moving average price of GBX 267.08. Team17 Group plc has a one year low of GBX 145 ($1.89) and a one year high of GBX 355 ($4.62). The company has a market capitalization of £316.69 million, a P/E ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TM17. Royal Bank of Canada started coverage on shares of Team17 Group in a research report on Tuesday, July 16th. They set an “outperform” rating and a GBX 360 ($4.69) price objective on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.38) price target on shares of Team17 Group in a report on Tuesday, September 17th. Finally, Shore Capital reissued a “buy” rating on shares of Team17 Group in a report on Wednesday, July 17th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 347.50 ($4.52).

Get Our Latest Research Report on TM17

About Team17 Group

(Get Free Report)

Team17 Group plc, together with its subsidiaries, develops and publishes independent video games for digital and physical market in the United Kingdom and internationally. It operates through Games Label, Simulation, and Edutainment segments. The company develops and publishes owned and third-party IP video games; educational entertainment apps for children; and working simulation games.

Further Reading

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