Malvern International (LON:MLVN) Stock Falls 21% – Should You Sell?

Malvern International Plc (LON:MLVN) was down 21% during mid-day trading on Wednesday. The stock traded as low as GBX 7 and last traded at GBX 8.10. Approximately 2,542,001 shares were traded during trading, an increase of 4,419% from the average daily volume of 56,249 shares. The stock had previously closed at GBX 10.25.

Malvern International Price Performance

The company has a quick ratio of 0.50, a current ratio of 0.54 and a debt-to-equity ratio of -61.87. The stock has a market cap of £2.71 million, a P/E ratio of 21.32 and a beta of 0.35. The firm’s fifty day moving average price is GBX 18.54 and its 200-day moving average price is GBX 20.35.

Insiders Place Their Bets

In other Malvern International news, insider Daniel Chaffer sold 34,146 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of GBX 2, for a total value of £682.92. Company insiders own 2.57% of the company’s stock.

About Malvern International

Malvern International Plc provides educational services in the United Kingdom. The company operates Malvern House London; Malvern House Brighton; Communicate School in Manchester; Language in Action; and International Study Centres. It also offers English language schools, juniors and summer camps programmes; business and management, accounting and finance, humanities and social sciences, and engineering and science; in-sessional and pre-sessional English programs; and international foundation year and programme, international year one, and international graduate diploma.