Tavistock Investments (LON:TAVI) Shares Down 4.9% – Here’s Why

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

Tavistock Investments Stock Performance

The firm has a fifty day simple moving average of GBX 2.93 and a 200 day simple moving average of 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. The company has a market cap of £21.02 million, a price-to-earnings ratio of -462.50 and a beta of 0.02.

Insider Buying and Selling

In other Tavistock Investments news, insider Brian Raven acquired 830,000 shares of the company’s stock in a transaction dated Wednesday, October 2nd. The shares were acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £33,200 ($43,353.36). 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.