ADVFN (LON:AFN) Shares Down 7.9% – Here’s What Happened

ADVFN Plc (LON:AFN) was down 7.9% on Wednesday . The stock traded as low as GBX 11.04 ($0.13) and last traded at GBX 11.05 ($0.13). Approximately 17,121 shares changed hands during trading, a decline of 1% from the average daily volume of 17,324 shares. The stock had previously closed at GBX 12 ($0.15).

ADVFN Stock Down 1.0 %

The company has a current ratio of 3.32, a quick ratio of 0.55 and a debt-to-equity ratio of 0.52. The firm has a market cap of £5.04 million, a price-to-earnings ratio of -272.25 and a beta of 0.75. The firm has a 50-day moving average of GBX 13.97 and a two-hundred day moving average of GBX 17.06.

Insider Buying and Selling

In other news, insider Amit Tauman purchased 30,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was purchased at an average price of GBX 10 ($0.12) per share, with a total value of £3,000 ($3,663.00). 53.01% of the stock is owned by insiders.

ADVFN Company Profile

ADVFN is an award-winning global stocks, shares and crypto information website providing market-leading financial tools and data to private investors around the world.

Offering real-time share prices, news feeds, charting, portfolio management, monitor lists, financials, data from global stock exchanges, Level 2 and the most active financial bulletin board in the UK (along with many other features), the site is the destination of choice for day traders and retail investors.