Cavendish Financial plc (LON:CAV – Get Free Report)’s share price dropped 2% during trading on Friday . The stock traded as low as GBX 8.70 ($0.11) and last traded at GBX 8.82 ($0.11). Approximately 600,726 shares changed hands during mid-day trading, an increase of 38% from the average daily volume of 435,659 shares. The stock had previously closed at GBX 9 ($0.11).
Cavendish Financial Trading Down 2.0 %
The firm has a fifty day simple moving average of GBX 9.60 and a 200 day simple moving average of GBX 10.36. The stock has a market cap of £28.70 million, a price-to-earnings ratio of -7.76 and a beta of 1.23.
Insider Transactions at Cavendish Financial
In related news, insider Lisa Gordon bought 550,000 shares of the company’s stock in a transaction dated Thursday, January 30th. The stock was acquired at an average cost of GBX 9 ($0.11) per share, with a total value of £49,500 ($62,539.48). 59.20% of the stock is currently owned by insiders.
About Cavendish Financial
Cavendish is a UK champion for ambitious growth and investment companies. The Group is trusted by public and private companies, operating across industry sectors, to deliver expert services in equity capital markets, M&A, debt advisory and growth capital.
Cavendish has offices in London and Edinburgh and has a global reach through its membership of Oaklins.
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