TruFin (LON:TRU) Stock Falls 0.9% – What’s Next?

TruFin plc (LON:TRU)’s share price dropped 0.9% during mid-day trading on Monday. The company traded as low as GBX 100 and last traded at GBX 100.25. 51,922 shares changed hands during trading, a decline of 94% from the average session volume of 799,540 shares. The stock had previously closed at GBX 101.20.

TruFin Stock Down 0.9%

The stock’s 50-day moving average price is GBX 97.62 and its 200 day moving average price is GBX 120.59. The firm has a market capitalization of £54.02 million, a price-to-earnings ratio of 1.31 and a beta of 0.20.

Insider Transactions at TruFin

In other TruFin news, insider James van den Bergh acquired 50,000 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The stock was bought at an average price of GBX 98 per share, with a total value of £49,000. Over the last three months, insiders have bought 428,629 shares of company stock worth $41,679,271. 1.60% of the stock is currently owned by corporate insiders.

About TruFin

TruFin plc provides niche lending, early payment services, and video game publishing in the United Kingdom. It operates through four segments: Short Term Finance, Payment Services, Publishing, and Other. The company also engages in provision of distribution finance products, and invoice discounting; early payment programme, payment control, and market insight services; publishing of video games; and investment activities. The company was incorporated in 2017 and is based in London, the United Kingdom.