Tavistock Investments (LON:TAVI) Trading Down 4.9% – Here’s What Happened

Tavistock Investments Plc (LON:TAVI) shares fell 4.9% during mid-day trading on Thursday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.85 ($0.05). 2,121,995 shares traded hands during mid-day trading, an increase of 205% from the average session volume of 694,823 shares. The stock had previously closed at GBX 4.05 ($0.05).

Tavistock Investments Price Performance

The stock has a market capitalization of £21.58 million, a PE ratio of -462.50 and a beta of 0.02. The firm’s 50 day simple moving average is GBX 2.89 and its 200 day simple moving average is GBX 3.47. The company has a debt-to-equity ratio of 9.56, a current ratio of 1.91 and a quick ratio of 3.89.

Insider Buying and Selling at Tavistock Investments

In related news, insider Brian Raven purchased 830,000 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £33,200 ($43,353.36). Company insiders own 63.48% of the company’s stock.

Tavistock Investments Company Profile

Tavistock Investments Plc provides investment management and advisory support services to a network of financial advisers in the United Kingdom. The company offers investment planning, financial planning, pension and retirement planning, estate and legacy planning, protection and insurance, will writing, bereavement notification, employee benefits, protects families from financial difficulty, finance for homes and mortgages, financial management, financial planning, and tax saving services.