Jarvis Securities (LON:JIM) Trading 12.5% Higher – Here’s What Happened

Jarvis Securities plc (LON:JIM)’s stock price traded up 12.5% during mid-day trading on Tuesday . The company traded as high as GBX 9.45 and last traded at GBX 9. 370,465 shares were traded during mid-day trading, an increase of 276% from the average session volume of 98,645 shares. The stock had previously closed at GBX 8.

Jarvis Securities Stock Performance

The stock’s 50-day moving average price is GBX 7.57 and its 200-day moving average price is GBX 11.12. The company has a market capitalization of £3.94 million, a price-to-earnings ratio of 1.03 and a beta of 0.32. The company has a debt-to-equity ratio of 3.43, a quick ratio of 2.13 and a current ratio of 2.95.

Jarvis Securities (LON:JIM) last issued its quarterly earnings data on Monday, March 30th. The company reported GBX 12.27 earnings per share (EPS) for the quarter. Jarvis Securities had a return on equity of 111.64% and a net margin of 92.94%.The firm had revenue of GBX 159 million during the quarter. As a group, equities research analysts expect that Jarvis Securities plc will post 9.9173554 earnings per share for the current year.

About Jarvis Securities

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom. The company offers retail execution-only stockbroking services; ISA investment wrappers and savings schemes; and nominee, certificated, and SIPP accounts. It also provides financial administration, settlement, and safe custody services to other stockbrokers and investment firms. In addition, the company offers Model B clearing and settlement services.