Shares of Cavendish Financial plc (LON:CAV – Get Free Report) traded down 2% on Friday . The company traded as low as GBX 8.70 ($0.11) and last traded at GBX 8.82 ($0.11). 600,726 shares changed hands during trading, an increase of 38% from the average session volume of 435,659 shares. The stock had previously closed at GBX 9 ($0.11).
Cavendish Financial Trading Down 2.0 %
The stock has a fifty day moving average of GBX 9.60 and a two-hundred day moving average of GBX 10.36. The stock has a market capitalization of £28.70 million, a price-to-earnings ratio of -7.76 and a beta of 1.23.
Insider Activity at Cavendish Financial
In other news, insider Lisa Gordon acquired 550,000 shares of the firm’s stock in a transaction on Thursday, January 30th. The shares were purchased at an average cost of GBX 9 ($0.11) per share, for a total transaction of £49,500 ($62,539.48). Insiders own 59.20% of the company’s stock.
About Cavendish Financial
Cavendish is a UK champion for ambitious growth and investment companies. The Group is trusted by public and private companies, operating across industry sectors, to deliver expert services in equity capital markets, M&A, debt advisory and growth capital.
Cavendish has offices in London and Edinburgh and has a global reach through its membership of Oaklins.
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