Cavendish Financial (LON:CAV) Trading Down 2% – Should You Sell?

Cavendish Financial plc (LON:CAV)’s stock price traded down 2% during mid-day trading on Wednesday . The company traded as low as GBX 11.50 ($0.15) and last traded at GBX 12 ($0.16). 355,560 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 480,922 shares. The stock had previously closed at GBX 12.25 ($0.16).

Cavendish Financial Stock Performance

The firm has a market capitalization of £40.29 million, a PE ratio of 5,714.29 and a beta of 1.23. The company has a fifty day moving average price of GBX 12.59 and a 200-day moving average price of GBX 10.89.

Cavendish Financial (LON:CAV) last released its quarterly earnings results on Thursday, June 26th. The company reported GBX 94 earnings per share for the quarter. Cavendish Financial had a negative net margin of 7.44% and a negative return on equity of 8.98%. On average, equities analysts predict that Cavendish Financial plc will post 1.048913 earnings per share for the current year.

Cavendish Financial Company Profile

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.