Tavistock Investments (LON:TAVI) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Tavistock Investments Plc (LON:TAVI)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 4.16 ($0.06) and traded as high as GBX 4.50 ($0.06). Tavistock Investments shares last traded at GBX 4.50 ($0.06), with a volume of 113,167 shares.

Tavistock Investments Trading Up 5.9%

The business has a fifty day moving average of GBX 4.16 and a 200-day moving average of GBX 4.27. The stock has a market capitalization of £21.46 million, a price-to-earnings ratio of -21.40 and a beta of 0.02. The company has a debt-to-equity ratio of 9.56, a current ratio of 1.91 and a quick ratio of 3.89.

Insider Buying and Selling

In related news, insider Brian Raven purchased 1,350,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 8th. The shares were purchased at an average price of GBX 4 ($0.05) per share, with a total value of £54,000 ($73,329.71). 63.48% of the stock is currently owned by company insiders.

Tavistock Investments Company Profile

Tavistock Investments Plc provides investment management and advisory support services to a network of financial advisers in the United Kingdom. The company offers investment planning, financial planning, pension and retirement planning, estate and legacy planning, protection and insurance, will writing, bereavement notification, employee benefits, protects families from financial difficulty, finance for homes and mortgages, financial management, financial planning, and tax saving services.