Bay Capital (LON:BAY) Trading Up 12.5% – Still a Buy?

Bay Capital Plc (LON:BAY) traded up 12.5% during mid-day trading on Tuesday . The stock traded as high as GBX 6.75 and last traded at GBX 6.75. 1,355,932 shares were traded during trading, an increase of 463% from the average session volume of 240,935 shares. The stock had previously closed at GBX 6.

Bay Capital Trading Up 9.2%

The stock has a market cap of £4.59 million, a price-to-earnings ratio of -11.10 and a beta of -0.64. The company has a fifty day simple moving average of GBX 4.69 and a 200-day simple moving average of GBX 4.89.

Insiders Place Their Bets

In other news, insider David Jeffreys Williams bought 1,694,916 shares of the stock in a transaction dated Friday, November 28th. The stock was bought at an average cost of GBX 6 per share, with a total value of £101,694.96. Also, insider Peter W. G. Tom sold 15,000,000 shares of Bay Capital stock in a transaction dated Friday, November 28th. The stock was sold at an average price of GBX 6, for a total value of £900,000. Company insiders own 22.78% of the company’s stock.

Bay Capital Company Profile

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.