Cavendish Financial (LON:CAV) Shares Up 1.2% – Still a Buy?

Cavendish Financial plc (LON:CAV) rose 1.2% during trading on Wednesday . The company traded as high as GBX 9.26 and last traded at GBX 9.26. Approximately 229,538 shares were traded during trading, a decline of 51% from the average daily volume of 468,277 shares. The stock had previously closed at GBX 9.15.

Cavendish Financial Stock Performance

The company has a market cap of £31.09 million, a PE ratio of 61.73 and a beta of 1.09. The company has a 50 day simple moving average of GBX 9.55 and a two-hundred day simple moving average of GBX 9.37.

Cavendish Financial (LON:CAV) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 0.16 EPS for the quarter. Cavendish Financial had a net margin of 1.00% and a return on equity of 1.45%. The business had revenue of GBX 5,687 million during the quarter. As a group, analysts expect that Cavendish Financial plc will post 1.048913 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Ben Procter sold 221,929 shares of the business’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of GBX 9, for a total transaction of £19,973.61. 25.94% of the stock is owned by company insiders.

Cavendish Financial Company Profile

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.

For more information on Cavendish, please visit www.cavendish.com