Malvern International (LON:MLVN) Stock Price Down 3% – Here’s Why

Malvern International Plc (LON:MLVN)’s stock price was down 3% during mid-day trading on Wednesday. The company traded as low as GBX 8 and last traded at GBX 8. 48 shares were traded during trading, a decline of 100% from the average session volume of 55,154 shares. The stock had previously closed at GBX 8.25.

Malvern International Price Performance

The firm has a market capitalization of £2.76 million, a P/E ratio of 21.71 and a beta of 0.35. The business’s fifty day moving average is GBX 14.43 and its 200 day moving average is GBX 20.03. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of -61.87.

Insider Activity

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