Cavendish Financial (LON:CAV) Stock Price Up 1.8% – Here’s Why

Cavendish Financial plc (LON:CAVGet Free Report)’s share price rose 1.8% on Tuesday . The stock traded as high as GBX 9 and last traded at GBX 9. Approximately 181,449 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 347,822 shares. The stock had previously closed at GBX 8.84.

Cavendish Financial Price Performance

The firm has a market cap of £30.22 million, a price-to-earnings ratio of 22.50 and a beta of 1.05. The company has a fifty day moving average price of GBX 8.92 and a two-hundred day moving average price of GBX 9.69.

Insider Activity at Cavendish Financial

In other news, insider Ben Procter sold 208,909 shares of the company’s stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of GBX 9, for a total transaction of £18,801.81. 25.41% of the stock is currently owned by corporate insiders.

Cavendish Financial Company Profile

(Get Free Report)

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

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