Bluebird Merchant Ventures (LON:BMV) Stock Price Down 11.1% – Should You Sell?

Bluebird Merchant Ventures Limited (LON:BMV)’s stock price was down 11.1% during trading on Friday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 5,610,531 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 7,342,279 shares. The stock had previously closed at GBX 0.90 ($0.01).

Bluebird Merchant Ventures Stock Performance

The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.08 and a current ratio of 0.08. The company has a market cap of £6.27 million, a P/E ratio of 215.00 and a beta of 0.62. The stock’s fifty day moving average price is GBX 0.61 and its two-hundred day moving average price is GBX 0.85.

Insider Buying and Selling at Bluebird Merchant Ventures

In other Bluebird Merchant Ventures news, insider Aidan Bishop acquired 1,000,000 shares of Bluebird Merchant Ventures stock in a transaction that occurred on Tuesday, January 21st. The shares were acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £10,000 ($12,482.84). Company insiders own 40.42% of the company’s stock.

About Bluebird Merchant Ventures

Bluebird Merchant Ventures Limited, together with its subsidiaries, engages in mining and developing of mineral properties. The company primarily explores for gold and silver deposits. It holds interests in the Gubong project and Kochang project located in South Korea. The company was incorporated in 2014 and is based in Road Town, the British Virgin Islands.