Insider Buying: Bay Capital (LON:BAY) Insider Acquires £180,000 in Stock

Bay Capital Plc (LON:BAY) insider David Jeffreys Williams bought 1,800,000 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were bought at an average cost of GBX 10 per share, with a total value of £180,000.

Bay Capital Trading Up 16.3%

LON BAY opened at GBX 14.54 on Friday. Bay Capital Plc has a 1-year low of GBX 3.50 and a 1-year high of GBX 14.54. The firm’s fifty day simple moving average is GBX 8.93 and its 200-day simple moving average is GBX 7.08. The company has a market capitalization of £10.18 million, a PE ratio of -31.61 and a beta of -0.64.

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.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.