Bay Capital (LON:BAY) Stock Price Up 12.5% – Time to Buy?

Bay Capital Plc (LON:BAY) traded up 12.5% during mid-day trading on Tuesday . The stock traded as high as GBX 6.75 and last traded at GBX 6.75. 1,355,932 shares traded hands during trading, an increase of 463% from the average session volume of 240,935 shares. The stock had previously closed at GBX 6.

Bay Capital Stock Performance

The stock has a market cap of £4.73 million, a PE ratio of -11.44 and a beta of -0.64. The firm has a 50-day moving average price of GBX 4.59 and a 200-day moving average price of GBX 4.87.

Insider Buying and Selling at Bay Capital

In related news, insider David Jeffreys Williams acquired 1,694,916 shares of Bay Capital stock in a transaction that occurred on Friday, November 28th. The shares were purchased at an average cost of GBX 6 per share, for a total transaction of £101,694.96. Also, insider Peter W. G. Tom sold 15,000,000 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of GBX 6, for a total value of £900,000. 22.78% of the stock is owned by corporate insiders.

About Bay Capital

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.