Fiske (LON:FKE) Stock Price Down 4% – Here’s Why

Fiske plc (LON:FKE)’s stock price fell 4% during mid-day trading on Wednesday. The company traded as low as GBX 60 and last traded at GBX 60. Approximately 9,384 shares traded hands during trading, a decline of 32% from the average session volume of 13,708 shares. The stock had previously closed at GBX 62.50.

Fiske Price Performance

The company has a quick ratio of 2.04, a current ratio of 107.46 and a debt-to-equity ratio of 0.62. The company has a market capitalization of £7.39 million, a P/E ratio of 9.06 and a beta of 0.22. The company’s fifty day moving average price is GBX 64.71 and its 200 day moving average price is GBX 66.76.

Fiske (LON:FKE) last issued its quarterly earnings results on Friday, October 16th. The company reported GBX 6.90 earnings per share (EPS) for the quarter. Fiske had a return on equity of 6.98% and a net margin of 9.52%.

Insider Buying and Selling at Fiske

In related news, insider Tony R. Pattison bought 35,000 shares of the business’s stock in a transaction dated Friday, October 16th. The stock was purchased at an average cost of GBX 60 per share, for a total transaction of £21,000. Insiders own 50.48% of the company’s stock.

Fiske Company Profile

In August 1973 Clive Harrison founded Fiske & Co. Over half a century later the business is still thriving. Fiske plc is a public company listed on the AIM Market and is one of the few remaining independent investment and wealth management firms in London. We provide a range of investment services to private, corporate and institutional clients including private investors, trustees, charities, pension funds and their professional advisers. We manage, or advise on, funds in excess of £900 million.