Bay Capital (LON:BAY) Trading Down 8.3% – Here’s Why

Bay Capital Plc (LON:BAYGet Free Report) traded down 8.3% on Tuesday . The stock traded as low as GBX 5.02 and last traded at GBX 5.50. 10,080 shares were traded during mid-day trading, a decline of 60% from the average session volume of 25,466 shares. The stock had previously closed at GBX 6.

Bay Capital Stock Down 8.3%

The firm has a market cap of £3.85 million, a P/E ratio of -9.32 and a beta of -0.64. The firm’s fifty day moving average is GBX 5.45 and its two-hundred day moving average is GBX 4.93.

Insider Transactions at Bay Capital

In related news, insider Peter W. G. Tom sold 15,000,000 shares of Bay Capital stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of GBX 6, for a total transaction of £900,000. Also, insider David Jeffreys Williams bought 1,694,916 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were acquired at an average price of GBX 6 per share, for a total transaction of £101,694.96. 22.78% of the stock is owned by corporate insiders.

About Bay Capital

(Get Free Report)

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.

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