Tavistock Investments (LON:TAVI) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Tavistock Investments Plc (LON:TAVI)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 3.99 ($0.05) and traded as high as GBX 4.50 ($0.06). Tavistock Investments shares last traded at GBX 4.50 ($0.06), with a volume of 436,921 shares traded.

Tavistock Investments Stock Up 5.9 %

The business has a fifty day moving average of GBX 3.99 and a 200 day moving average of GBX 3.39. The company has a debt-to-equity ratio of 9.56, a current ratio of 1.91 and a quick ratio of 3.89. The stock has a market capitalization of £25.22 million, a price-to-earnings ratio of -462.50 and a beta of 0.02.

Tavistock Investments Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 24th will be given a dividend of GBX 0.09 ($0.00) per share. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a dividend yield of 2.31%. This is a positive change from Tavistock Investments’s previous dividend of $0.07.

Insider Activity

In other news, insider Brian Raven purchased 830,000 shares of the business’s stock in a transaction on Wednesday, October 2nd. The shares were bought at an average price of GBX 4 ($0.05) per share, with a total value of £33,200 ($41,604.01). Company insiders own 63.48% of the company’s stock.

Tavistock Investments Company Profile

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.