Cavendish Financial (LON:CAV) Trading Up 2.4% – What’s Next?

Cavendish Financial plc (LON:CAV) shot up 2.4% during mid-day trading on Friday . The company traded as high as GBX 11 and last traded at GBX 10.50. 901,236 shares were traded during trading, an increase of 156% from the average session volume of 352,565 shares. The stock had previously closed at GBX 10.25.

Cavendish Financial Trading Up 2.4%

The firm has a market cap of £35.25 million, a P/E ratio of 26.25 and a beta of 1.23. The company’s fifty day moving average price is GBX 9.99 and its two-hundred day moving average price is GBX 11.14.

Cavendish Financial (LON:CAV) last announced its quarterly earnings results on Thursday, October 30th. The company reported GBX 0.40 earnings per share (EPS) for the quarter. Cavendish Financial had a negative net margin of 7.44% and a negative return on equity of 8.98%. On average, analysts predict that Cavendish Financial plc will post 1.048913 EPS for the current fiscal year.

Insider Activity at Cavendish Financial

In other Cavendish Financial news, insider Lisa Gordon purchased 450,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were acquired at an average cost of GBX 10 per share, for a total transaction of £45,000. 25.22% of the stock is owned by insiders.

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.

For more information on Cavendish, please visit www.cavendish.com