Investment (LON:INV) Stock Price Down 0.6% – Here’s Why

The Investment Company plc (LON:INV)’s share price was down 0.6% during trading on Tuesday . The company traded as low as GBX 340 ($4.40) and last traded at GBX 340 ($4.40). Approximately 299 shares changed hands during trading, a decline of 90% from the average daily volume of 3,057 shares. The stock had previously closed at GBX 342 ($4.43).

Investment Trading Down 0.6 %

The company has a market cap of £6.32 million, a price-to-earnings ratio of 6.23 and a beta of 0.28. The company’s 50 day moving average price is GBX 359.12 and its 200 day moving average price is GBX 368.70.

Investment (LON:INV) last announced its quarterly earnings data on Monday, February 17th. The company reported GBX (0.81) (($0.01)) EPS for the quarter. Investment had a net margin of 83.35% and a return on equity of 14.48%.

Insider Activity at Investment

In related news, insider Martin Henry Withers Perrin acquired 4,000 shares of Investment stock in a transaction that occurred on Monday, February 17th. The stock was purchased at an average price of GBX 358 ($4.63) per share, for a total transaction of £14,320 ($18,539.62). Company insiders own 58.23% of the company’s stock.

About Investment

The Investment Company plc is a small registered, self-managed closed-ended balanced fund. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The fund is managed by Chelverton Asset Management Limited.