Cavendish Financial (LON:CAV) Trading Up 0.6% – Here’s What Happened

by · The Cerbat Gem

Cavendish Financial plc (LON:CAV – Get Free Report)’s stock price shot up 0.6% during trading on Wednesday . The company traded as high as GBX 8 ($0.10) and last traded at GBX 7.80 ($0.10). 551,591 shares were traded during mid-day trading, an increase of 28% from the average session volume of 430,999 shares. The stock had previously closed at GBX 7.75 ($0.10).

Cavendish Financial Price Performance

The stock’s 50-day moving average is GBX 8.58 and its 200 day moving average is GBX 9.51. The stock has a market cap of £27.33 million, a price-to-earnings ratio of -7.39 and a beta of 1.23.

Insider Activity at Cavendish Financial

In other news, insider Ben Procter sold 233,659 shares of the business’s stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of GBX 7 ($0.09), for a total transaction of £16,356.13 ($21,408.55). Also, insider Lisa Gordon purchased 550,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was purchased at an average price of GBX 9 ($0.12) per share, for a total transaction of £49,500 ($64,790.58). Company insiders own 59.20% of the company’s stock.

Cavendish Financial Company Profile

(Get Free Report)

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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