Malvern International (LON:MLVN) Shares Down 10.4%

Malvern International Plc (LON:MLVN)’s stock price fell 10.4% during mid-day trading on Friday . The company traded as low as GBX 17 ($0.23) and last traded at GBX 17.02 ($0.23). 460,400 shares changed hands during mid-day trading, an increase of 1,209% from the average session volume of 35,160 shares. The stock had previously closed at GBX 19 ($0.25).

Malvern International Price Performance

The company has a market capitalization of £4.64 million, a price-to-earnings ratio of -1,900.00 and a beta of 0.64. The company has a current ratio of 0.57, a quick ratio of 0.50 and a debt-to-equity ratio of 70.89. The company’s 50 day simple moving average is GBX 18.81 and its 200-day simple moving average is GBX 20.24.

Insiders Place Their Bets

In other news, insider Mark Westcombe Elliott purchased 230,200 shares of the stock in a transaction on Friday, September 27th. The stock was purchased at an average price of GBX 17 ($0.23) per share, with a total value of £39,134 ($52,402.25). 51.81% of the stock is currently owned by insiders.

Malvern International Company Profile

Malvern International Plc provides educational services in the United Kingdom. The company operates Malvern House London; Malvern House Brighton; Language in Action; Communicate School in Manchester; International Study Centres; and Malvern Online Academy. Its colleges offer English language courses, juniors and summer camps, and bespoke group courses; and university pathway programs, such as pre-university, foundation year, year one, graduate diploma, and pre-master's program; and in-sessional and pre-sessional English programs.