Tavistock Investments (LON:TAVI) Trading Up 11.7% – What’s Next?

Tavistock Investments Plc (LON:TAVI)’s stock price traded up 11.7% during mid-day trading on Wednesday . The stock traded as high as GBX 4.30 ($0.05) and last traded at GBX 4.30 ($0.05). 8,600,000 shares were traded during trading, an increase of 70% from the average session volume of 5,056,513 shares. The stock had previously closed at GBX 3.85 ($0.05).

Tavistock Investments Price Performance

The firm has a 50-day moving average of GBX 4.17 and a 200-day moving average of GBX 3.56. The stock has a market cap of £22.42 million, a PE ratio of -462.50 and a beta of 0.02. The company has a debt-to-equity ratio of 9.56, a current ratio of 1.91 and a quick ratio of 3.89.

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

Tavistock Investments Increases Dividend

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

Insiders Place Their Bets

In other news, insider Brian Raven acquired 1,139,000 shares of Tavistock Investments stock in a transaction on Thursday, February 6th. The shares were acquired at an average price of GBX 4 ($0.05) per share, with a total value of £45,560 ($56,730.17). Corporate insiders own 63.48% of the company’s stock.

About Tavistock Investments

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.