Malvern International (LON:MLVN) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Malvern International Plc (LON:MLVN)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 20.61 and traded as low as GBX 19.30. Malvern International shares last traded at GBX 19.30, with a volume of 15,669 shares traded.

Malvern International Stock Performance

The company has a market cap of £6.46 million, a price-to-earnings ratio of 50.79 and a beta of 0.35. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of -61.87. The stock’s 50 day moving average price is GBX 20.61 and its 200 day moving average price is GBX 21.58.

Malvern International (LON:MLVN) last released its earnings results on Monday, June 29th. The company reported GBX (3.26) earnings per share (EPS) for the quarter. Malvern International had a positive return on equity of 39.68% and a negative net margin of 8.50%.

Insider Activity

In other news, insider Daniel Chaffer sold 34,146 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of GBX 2, for a total transaction of £682.92. 2.57% of the stock is owned by corporate insiders.

About Malvern International

Malvern International Plc provides educational services in the United Kingdom. The company operates Malvern House London; Malvern House Brighton; Communicate School in Manchester; Language in Action; and International Study Centres. It also offers English language schools, juniors and summer camps programmes; business and management, accounting and finance, humanities and social sciences, and engineering and science; in-sessional and pre-sessional English programs; and international foundation year and programme, international year one, and international graduate diploma.