Cavendish Financial (LON:CAV) Trading Up 2.4% – What’s Next?

Cavendish Financial plc (LON:CAV) rose 2.4% during trading on Friday . The stock traded as high as GBX 11 and last traded at GBX 10.50. Approximately 901,236 shares changed hands during mid-day trading, an increase of 156% from the average daily volume of 352,565 shares. The stock had previously closed at GBX 10.25.

Cavendish Financial Price Performance

The firm has a market cap of £35.25 million, a price-to-earnings ratio of 26.25 and a beta of 1.23. The firm has a 50 day moving average price of GBX 9.99 and a 200-day moving average price of GBX 11.14.

Cavendish Financial (LON:CAV) last posted its quarterly earnings results on Thursday, October 30th. The company reported GBX 0.40 earnings per share (EPS) for the quarter. Cavendish Financial had a negative return on equity of 8.98% and a negative net margin of 7.44%. On average, sell-side analysts expect that Cavendish Financial plc will post 1.048913 EPS for the current fiscal year.

Insider Activity

In other Cavendish Financial news, insider Lisa Gordon bought 450,000 shares of Cavendish Financial stock in a transaction dated Wednesday, December 17th. The shares were bought at an average price of GBX 10 per share, with a total value of £45,000. Company insiders own 25.22% of the company’s stock.

Cavendish Financial Company Profile

Cavendish is a UK champion for ambitious growth and investment companies. The Group is trusted by public and private companies, operating across industry sectors, to deliver expert services in equity capital markets, M&A, debt advisory and growth capital.

Cavendish has offices in London and Edinburgh and has a global reach through its membership of Oaklins.

For more information on Cavendish, please visit www.cavendish.com