Investment (LON:INV) Stock Price Down 0.6% – Here’s What Happened

The Investment Company plc (LON:INV)’s share price dropped 0.6% during mid-day trading on Tuesday . The stock traded as low as GBX 340 ($4.40) and last traded at GBX 340 ($4.40). Approximately 299 shares were traded during trading, a decline of 90% from the average daily volume of 3,057 shares. The stock had previously closed at GBX 342 ($4.43).

Investment Trading Down 0.6 %

The business has a 50 day moving average of GBX 359.12 and a 200-day moving average of GBX 368.70. The stock has a market cap of £6.32 million, a PE ratio of 6.23 and a beta of 0.28.

Investment (LON:INV) last issued its quarterly earnings data on Monday, February 17th. The company reported GBX (0.81) (($0.01)) earnings per share (EPS) for the quarter. Investment had a net margin of 83.35% and a return on equity of 14.48%.

Insiders Place Their Bets

In other Investment news, insider Martin Henry Withers Perrin acquired 4,000 shares of the firm’s stock in a transaction dated Monday, February 17th. The shares were acquired at an average price of GBX 358 ($4.63) per share, for a total transaction of £14,320 ($18,539.62). 58.23% of the stock is owned by corporate insiders.

Investment Company Profile

The Investment Company plc is a small registered, self-managed closed-ended balanced fund. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The fund is managed by Chelverton Asset Management Limited.