Malvern International (LON:MLVN) Shares Down 2% – Here’s Why

Malvern International Plc (LON:MLVN) shares fell 2% during trading on Friday . The stock traded as low as GBX 25 and last traded at GBX 25. 6,751 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 69,844 shares. The stock had previously closed at GBX 25.50.

Malvern International Stock Performance

The company’s fifty day moving average price is GBX 25.58 and its two-hundred day moving average price is GBX 20.52. The company has a debt-to-equity ratio of -69.48, a quick ratio of 0.50 and a current ratio of 0.66. The firm has a market capitalization of £6.11 million, a PE ratio of 65.79 and a beta of 0.64.

Malvern International (LON:MLVN) last issued its quarterly earnings results on Tuesday, September 30th. The company reported GBX 1.54 EPS for the quarter. Malvern International had a negative net margin of 1.81% and a positive return on equity of 6.64%.

Insider Activity

In other news, insider Richard Christopher Mace sold 102,508 shares of the company’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of GBX 20, for a total transaction of £20,501.60. 2.57% of the stock is owned by corporate insiders.

About Malvern International

Malvern International Plc provides educational services in the United Kingdom. The company operates Malvern House London; Malvern House Brighton; Communicate School in Manchester; Language in Action; and International Study Centres. It also offers English language schools, juniors and summer camps programmes; business and management, accounting and finance, humanities and social sciences, and engineering and science; in-sessional and pre-sessional English programs; and international foundation year and programme, international year one, and international graduate diploma.