Cavendish Financial (LON:CAV) Trading Up 1.4% – Here’s What Happened

Cavendish Financial plc (LON:CAV)’s stock price traded up 1.4% during mid-day trading on Thursday . The stock traded as high as GBX 9.89 ($0.13) and last traded at GBX 9.89 ($0.13). 152,413 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 396,276 shares. The stock had previously closed at GBX 9.75 ($0.13).

Cavendish Financial Price Performance

The stock has a market cap of £31.58 million, a PE ratio of -950.00 and a beta of 1.24. The company has a 50-day simple moving average of GBX 11.51 and a 200-day simple moving average of GBX 11.77.

Cavendish Financial Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Thursday, September 19th will be given a dividend of GBX 0.25 ($0.00) per share. This represents a dividend yield of 1.83%. The ex-dividend date is Thursday, September 19th. Cavendish Financial’s payout ratio is -20,000.00%.

Insider Buying and Selling at Cavendish Financial

In other Cavendish Financial news, insider John Farrugia sold 685,070 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of GBX 12 ($0.16), for a total transaction of £82,208.40 ($109,963.08). In other news, insider Mark Astaire purchased 85,000 shares of the stock in a transaction dated Thursday, July 18th. The stock was acquired at an average price of GBX 13 ($0.17) per share, for a total transaction of £11,050 ($14,780.63). Also, insider John Farrugia sold 685,070 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of GBX 12 ($0.16), for a total transaction of £82,208.40 ($109,963.08). 59.72% of the stock is currently owned by corporate insiders.

About Cavendish Financial

Cavendish Financial plc provides various financial services to growth companies in the United Kingdom. The company offers equities research, distribution and execution, and analytics services. It provides investment banking services, such as strategic advisory and capital raising services comprising public market fund raisings, including placings, rights issues, and open offers; IPOs; sell-side or buy-side private M&A; public company M&A; debt arrangement and advice; private capital fund raisings; and general advice on strategic options, as well as acts as a corporate broker/NOMAD on a retained basis.