Malvern International (LON:MLVN) Stock Passes Below 50-Day Moving Average – What’s Next?

Malvern International Plc (LON:MLVN) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 22.01 and traded as low as GBX 21. Malvern International shares last traded at GBX 21, with a volume of 230 shares.

Malvern International Price Performance

The firm has a market capitalization of £7.36 million, a PE ratio of 57.89 and a beta of 0.64. The company has a debt-to-equity ratio of -61.87, a quick ratio of 0.50 and a current ratio of 0.54. The company has a fifty day moving average price of GBX 21.97 and a 200-day moving average price of GBX 24.01.

Malvern International (LON:MLVN) last released its earnings results on Tuesday, March 3rd. The company reported GBX 0.52 earnings per share for the quarter. Malvern International had a positive return on equity of 39.68% and a negative net margin of 8.50%.

Insider Buying and Selling at Malvern International

In other Malvern International news, insider Alan Carroll sold 90,705 shares of the company’s stock in a transaction on Thursday, April 9th. The stock was sold at an average price of GBX 22, for a total value of £19,955.10. Also, insider Mark Westcombe Elliott sold 60,869 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of GBX 21, for a total value of £12,782.49. Corporate insiders own 2.57% of the company’s stock.

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.