Lisa Gordon Acquires 550,000 Shares of Cavendish Financial plc (LON:CAV) Stock

Cavendish Financial plc (LON:CAV) insider Lisa Gordon purchased 550,000 shares of Cavendish Financial stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average cost of GBX 9 ($0.11) per share, for a total transaction of £49,500 ($61,376.32).

Cavendish Financial Stock Up 6.5 %

Shares of LON:CAV opened at GBX 9.38 ($0.12) on Friday. The company has a 50 day moving average of GBX 9.89 and a two-hundred day moving average of GBX 10.71. The company has a market capitalization of £31.16 million, a price-to-earnings ratio of -937.50 and a beta of 1.23. Cavendish Financial plc has a 52-week low of GBX 8.10 ($0.10) and a 52-week high of GBX 15 ($0.19).

Cavendish Financial (LON:CAV) last posted its quarterly earnings data on Monday, November 11th. The company reported GBX 0.40 ($0.00) earnings per share (EPS) for the quarter. Cavendish Financial had a negative return on equity of 10.81% and a negative net margin of 7.49%. On average, equities analysts anticipate that Cavendish Financial plc will post 1.048913 earnings per share for the current year.

Cavendish Financial Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 11th. Stockholders of record on Thursday, November 21st were paid a GBX 0.30 ($0.00) dividend. This represents a dividend yield of 2.73%. The ex-dividend date was Thursday, November 21st. This is a positive change from Cavendish Financial’s previous dividend of $0.25. Cavendish Financial’s dividend payout ratio is -20,000.00%.

About Cavendish Financial

Cavendish is a UK champion for ambitious growth and investment companies. The Group is trusted by public and private companies, operating across industry sectors, to deliver expert services in equity capital markets, M&A, debt advisory and growth capital.

Cavendish has offices in London and Edinburgh and has a global reach through its membership of Oaklins.