Tavistock Investments (LON:TAVI) Stock Price Up 11.3% – Here’s Why

Tavistock Investments Plc (LON:TAVI) shot up 11.3% during mid-day trading on Tuesday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4.68 ($0.06). 6,373,455 shares traded hands during trading, an increase of 25% from the average session volume of 5,087,823 shares. The stock had previously closed at GBX 4.20 ($0.05).

Tavistock Investments Price Performance

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 business’s 50 day moving average price is GBX 4.19 and its 200 day moving average price is GBX 3.62. The stock has a market capitalization of £23.18 million, a P/E ratio of -23.11 and a beta of 0.02.

Tavistock Investments (LON:TAVI) last posted its earnings results on Monday, December 9th. The company reported GBX (0.18) ($0.00) EPS for the quarter. Tavistock Investments had a negative return on equity of 3.14% and a negative net margin of 3.23%. Sell-side analysts forecast that Tavistock Investments Plc will post 0.1312566 EPS for the current year.

Tavistock Investments Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 24th were given a GBX 0.09 ($0.00) dividend. This represents a yield of 2.31%. This is a boost from Tavistock Investments’s previous dividend of $0.07. The ex-dividend date of this dividend was Tuesday, December 24th. Tavistock Investments’s dividend payout ratio (DPR) is presently -0.33%.

Insider Buying and Selling at Tavistock Investments

In related news, insider Johanna Rager bought 570,000 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £22,800 ($28,690.07). Also, insider Brian Raven purchased 1,139,000 shares of Tavistock Investments stock in a transaction on Thursday, February 6th. The stock was bought at an average price of GBX 4 ($0.05) per share, with a total value of £45,560 ($57,329.81). 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.