Chrysalis Investments (LON:CHRY) Trading 1% Higher – Still a Buy?

Chrysalis Investments Limited (LON:CHRY) shares traded up 1% during trading on Tuesday . The stock traded as high as GBX 78.30 and last traded at GBX 77.10. 5,505,827 shares were traded during trading, a decline of 2% from the average session volume of 5,589,990 shares. The stock had previously closed at GBX 76.30.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of Chrysalis Investments in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

Chrysalis Investments Trading Up 1.0%

The company has a market capitalization of £370.83 million, a price-to-earnings ratio of 3.49 and a beta of 1.31. The firm’s 50 day simple moving average is GBX 80.27 and its 200-day simple moving average is GBX 92.65.

Insider Buying and Selling at Chrysalis Investments

In other news, insider Sam Dobbyn purchased 24,407 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were acquired at an average cost of GBX 82 per share, for a total transaction of £20,013.74. Also, insider Simon Holden purchased 67,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of GBX 79 per share, with a total value of £52,930. Insiders bought a total of 152,434 shares of company stock valued at $12,298,588 in the last 90 days. Company insiders own 0.08% of the company’s stock.

Chrysalis Investments Company Profile

Chrysalis Investments Limited is based in Guernsey, United Kingdom.