Chrysalis Investments (LON:CHRY) Stock Price Down 0.5% – Here’s What Happened

Chrysalis Investments Limited (LON:CHRY)’s share price dropped 0.5% during mid-day trading on Tuesday . The stock traded as low as GBX 74.60 and last traded at GBX 75.30. 770,854 shares traded hands during trading, a decline of 85% from the average daily volume of 5,066,729 shares. The stock had previously closed at GBX 75.70.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of Chrysalis Investments in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Chrysalis Investments Price Performance

The business has a 50-day moving average of GBX 77.91 and a two-hundred day moving average of GBX 88.73. The company has a market cap of £362.17 million, a P/E ratio of -3.03 and a beta of 1.33.

Insider Transactions at Chrysalis Investments

In other news, insider Sam Dobbyn acquired 24,407 shares of Chrysalis Investments stock in a transaction that occurred on Wednesday, May 6th. The stock was purchased at an average price of GBX 82 per share, for a total transaction of £20,013.74. Also, insider Simon Holden bought 67,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of GBX 79 per share, with a total value of £52,930. Insiders bought a total of 152,434 shares of company stock worth $12,298,588 over the last 90 days. Company insiders own 0.08% of the company’s stock.

Chrysalis Investments Company Profile

Chrysalis Investments Limited is based in Guernsey, United Kingdom.