Braveheart Investment Group (LON:BRH) Trading 14.3% Higher – Still a Buy?

Shares of Braveheart Investment Group plc (LON:BRH) were up 14.3% during mid-day trading on Thursday . The company traded as high as GBX 4 ($0.05) and last traded at GBX 4 ($0.05). Approximately 405,503 shares changed hands during trading, an increase of 283% from the average daily volume of 105,741 shares. The stock had previously closed at GBX 3.50 ($0.04).

Braveheart Investment Group Trading Up 14.3 %

The company has a debt-to-equity ratio of 0.74, a quick ratio of 18.07 and a current ratio of 17.75. The company’s 50 day moving average is GBX 3.78 and its 200 day moving average is GBX 4.41. The stock has a market capitalization of £2.55 million, a price-to-earnings ratio of -31.82 and a beta of -0.34.

Insider Transactions at Braveheart Investment Group

In other news, insider Trevor Brown acquired 2,595,701 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were bought at an average price of GBX 4 ($0.05) per share, with a total value of £103,828.04 ($131,627.84). Insiders own 31.49% of the company’s stock.

About Braveheart Investment Group

Braveheart Investment Group plc is a private equity and venture capital firm specializing in loan, mezzanine, seed/startup, early venture, late stage, emerging growth, turnaround, distress situations, buyout in growth capital companies. It prefers to invest in materials, industrials, commercial and professional services, consumer discretionary, consumer services, consumer staples, health care, financials, information technology, communication services, media, engineering services, sporting goods and services, biotechnology, internet software, digital, and entertainment.