Tavistock Investments (LON:TAVI) Shares Up 5.6% – Here’s Why

Tavistock Investments Plc (LON:TAVI)’s stock price shot up 5.6% during trading on Friday . The company traded as high as GBX 4.25 ($0.05) and last traded at GBX 4.25 ($0.05). 119,932 shares were traded during mid-day trading, a decline of 98% from the average session volume of 4,823,691 shares. The stock had previously closed at GBX 4.03 ($0.05).

Tavistock Investments Price Performance

The firm’s 50-day moving average is GBX 4.18 and its 200-day moving average is GBX 3.48. The company has a market capitalization of £21.86 million, a PE ratio of -462.50 and a beta of 0.02. The company has a quick ratio of 3.89, a current ratio of 1.91 and a debt-to-equity ratio of 9.56.

Tavistock Investments (LON:TAVI) last issued its quarterly earnings data on Monday, December 9th. The company reported GBX (0.18) ($0.00) EPS for the quarter. Tavistock Investments had a negative net margin of 3.23% and a negative return on equity of 3.10%. Equities analysts predict that Tavistock Investments Plc will post 0.1312566 earnings per share for the current fiscal year.

Tavistock Investments Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 24th were issued a dividend of GBX 0.09 ($0.00) per share. This is a boost from Tavistock Investments’s previous dividend of $0.07. The ex-dividend date was Tuesday, December 24th. This represents a dividend yield of 2.31%.

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.