Braveheart Investment Group (LON:BRH) Shares Down 16% – Here’s What Happened

Shares of Braveheart Investment Group plc (LON:BRH) dropped 16% during mid-day trading on Thursday . The company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.20 ($0.05). Approximately 134,312 shares changed hands during trading, an increase of 252% from the average daily volume of 38,204 shares. The stock had previously closed at GBX 5 ($0.06).

Braveheart Investment Group Stock Down 16.0 %

The company has a 50 day simple moving average of GBX 5.05 and a 200 day simple moving average of GBX 4.52. The company has a market capitalization of £2.68 million, a price-to-earnings ratio of -0.41 and a beta of -0.34.

Insider Buying and Selling

In other Braveheart Investment Group news, insider Trevor Brown bought 250,000 shares of Braveheart Investment Group stock in a transaction that occurred on Monday, January 20th. The shares were acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £15,000 ($19,477.99). Corporate insiders own 31.49% of the company’s stock.

About Braveheart Investment Group

Braveheart Investment Group plc is a private equity and venture capital firm specializing in loan, mezzanine, seed/startup, early venture, late stage, emerging growth, turnaround, distress situations, buyout in growth capital companies. It prefers to invest in materials, industrials, commercial and professional services, consumer discretionary, consumer services, consumer staples, health care, financials, information technology, communication services, media, engineering services, sporting goods and services, biotechnology, internet software, digital, and entertainment.