Cavendish Financial (LON:CAV) Shares Up 2.4% – Here’s What Happened

Cavendish Financial plc (LON:CAV)’s stock price was up 2.4% on Friday . The company traded as high as GBX 11 and last traded at GBX 10.50. Approximately 901,236 shares changed hands during 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 Trading Up 2.4%

The business’s 50-day moving average is GBX 9.99 and its two-hundred day moving average is GBX 11.12. The stock has a market capitalization of £35.25 million, a PE ratio of 26.25 and a beta of 1.23.

Cavendish Financial (LON:CAV) last released its quarterly earnings results on Thursday, October 30th. The company reported GBX 0.40 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, analysts predict that Cavendish Financial plc will post 1.048913 EPS for the current year.

Insider Transactions at Cavendish Financial

In other Cavendish Financial news, insider Lisa Gordon acquired 450,000 shares of Cavendish Financial stock in a transaction dated Wednesday, December 17th. The stock was acquired at an average cost of GBX 10 per share, for a total transaction of £45,000. 25.22% of the stock is owned by insiders.

About Cavendish Financial

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