Cavendish Financial plc (LON:CAV – Get Free Report) shares dropped 4.1% during mid-day trading on Friday . The stock traded as low as GBX 10.55 ($0.14) and last traded at GBX 10.55 ($0.14). Approximately 1,132,452 shares traded hands during trading, an increase of 158% from the average daily volume of 438,331 shares. The stock had previously closed at GBX 11 ($0.15).
Cavendish Financial Stock Performance
The company has a market capitalization of £34.32 million, a price-to-earnings ratio of -9.28 and a beta of 1.23. The firm has a fifty day moving average price of GBX 8.67 and a 200-day moving average price of GBX 9.31.
Insider Activity at Cavendish Financial
In related news, insider Julian Morse sold 406,005 shares of the stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of GBX 9 ($0.12), for a total transaction of £36,540.45 ($49,465.89). Also, insider Ben Procter sold 233,659 shares of the stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of GBX 7 ($0.09), for a total value of £16,356.13 ($22,141.78). 59.20% of the stock is currently owned by company insiders.
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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