Tavistock Investments (LON:TAVI) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Tavistock Investments Plc (LON:TAVI) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 4.39 ($0.06) and traded as high as GBX 4.70 ($0.06). Tavistock Investments shares last traded at GBX 4.70 ($0.06), with a volume of 166,165 shares traded.

Tavistock Investments Price Performance

The stock has a market cap of £22.41 million, a PE ratio of -22.35 and a beta of 0.02. The firm’s fifty day moving average price is GBX 4.39 and its 200 day moving average price is GBX 3.93. The company has a quick ratio of 3.89, a current ratio of 1.91 and a debt-to-equity ratio of 9.56.

Insiders Place Their Bets

In other news, insider Brian Raven acquired 1,139,000 shares of Tavistock Investments stock in a transaction on Thursday, February 6th. The shares were acquired at an average price of GBX 4 ($0.05) per share, with a total value of £45,560 ($58,825.05). Also, insider Johanna Rager acquired 570,000 shares of the firm’s stock in a transaction dated Thursday, February 13th. The shares were purchased at an average cost of GBX 4 ($0.05) per share, for a total transaction of £22,800 ($29,438.35). Corporate insiders own 63.48% of the company’s stock.

About Tavistock Investments

Tavistock Investments Plc provides investment management and advisory support services to a network of financial advisers in the United Kingdom. The company offers investment planning, financial planning, pension and retirement planning, estate and legacy planning, protection and insurance, will writing, bereavement notification, employee benefits, protects families from financial difficulty, finance for homes and mortgages, financial management, financial planning, and tax saving services.