Bay Capital (LON:BAY) Stock Price Down 11.1% – Time to Sell?

Bay Capital Plc (LON:BAY – Get Free Report) was down 11.1% on Thursday. The stock traded as low as GBX 11.87 and last traded at GBX 12. 231,717 shares were traded during trading, a decline of 52% from the average session volume of 479,084 shares. The stock had previously closed at GBX 13.50.

Bay Capital Trading Down 0.7%

The stock has a market cap of £8.34 million, a price-to-earnings ratio of -25.91 and a beta of -0.64. The stock has a fifty day simple moving average of GBX 12.02 and a 200-day simple moving average of GBX 8.74.

Insiders Place Their Bets

In other news, insider David Jeffreys Williams bought 1,800,000 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was bought at an average price of GBX 10 per share, for a total transaction of £180,000. 25.35% of the stock is owned by company insiders.

About Bay Capital

(Get Free Report)

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.

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