Cornerstone FS (LON:CSFS) Trading Down 3.3%

Cornerstone FS plc (LON:CSFS – Get Rating)’s stock price dropped 3.3% on Thursday . The stock traded as low as GBX 7 ($0.08) and last traded at GBX 7.25 ($0.09). Approximately 16,400 shares were traded during trading, a decline of 93% from the average daily volume of 221,002 shares. The stock had previously closed at GBX 7.50 ($0.09).

Cornerstone FS Stock Performance

The stock has a market cap of £4.16 million and a PE ratio of -25.89. The firm has a 50-day moving average price of GBX 7.55 and a 200-day moving average price of GBX 7.27.

Insider Transactions at Cornerstone FS

In other news, insider Gareth Maitland Edwards sold 205,300 shares of the stock in a transaction that occurred on Monday, January 16th. The shares were sold at an average price of GBX 9 ($0.11), for a total transaction of £18,477 ($22,218.61). In related news, insider Gareth Maitland Edwards sold 205,300 shares of the stock in a transaction on Monday, January 16th. The stock was sold at an average price of GBX 9 ($0.11), for a total transaction of £18,477 ($22,218.61). Also, insider James Hickman acquired 55,000 shares of Cornerstone FS stock in a transaction that occurred on Friday, January 20th. The stock was acquired at an average price of GBX 89 ($1.07) per share, with a total value of £48,950 ($58,862.43). Insiders own 77.71% of the company’s stock.

Cornerstone FS Company Profile

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Cornerstone FS plc provides international payment, currency risk management, and electronic account services using its proprietary cloud-based multicurrency payments platform. The company also offers currency payment services for its customers and liquidity services to foreign exchange brokers. It primarily provides its services to the UK-based SMEs either directly or through white label partners on a SaaS basis, as well as high net worth individual clients.