Malvern International (LON:MLVN) Shares Down 6.2% – Should You Sell?

Malvern International Plc (LON:MLVN) shares dropped 6.2% during mid-day trading on Friday . The stock traded as low as GBX 19.22 ($0.24) and last traded at GBX 19.22 ($0.24). Approximately 1,600 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 40,174 shares. The stock had previously closed at GBX 20.50 ($0.25).

Malvern International Stock Performance

The stock has a 50 day moving average price of GBX 19.70 and a two-hundred day moving average price of GBX 19.40. The company has a debt-to-equity ratio of 70.89, a current ratio of 0.66 and a quick ratio of 0.50. The company has a market capitalization of £4.70 million, a price-to-earnings ratio of -1,922.00 and a beta of 0.64.

Insider Activity

In other Malvern International news, insider Richard Christopher Mace sold 69,000 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of GBX 17 ($0.21), for a total transaction of £11,730 ($14,571.43). 51.08% of the stock is owned by insiders.

Malvern International Company Profile

Malvern International Plc provides educational services in the United Kingdom. The company operates Malvern House London; Malvern House Brighton; Communicate School in Manchester; Language in Action; and International Study Centres. It also offers English language schools, juniors and summer camps programmes; business and management, accounting and finance, humanities and social sciences, and engineering and science; in-sessional and pre-sessional English programs; and international foundation year and programme, international year one, and international graduate diploma.