Malvern International (LON:MLVN) Stock Price Down 10.5% – Should You Sell?

Malvern International Plc (LON:MLVN) was down 10.5% during mid-day trading on Tuesday . The company traded as low as GBX 17 ($0.22) and last traded at GBX 17.01 ($0.22). Approximately 1,017,812 shares changed hands during trading, an increase of 2,419% from the average daily volume of 40,412 shares. The stock had previously closed at GBX 19 ($0.25).

Malvern International Trading Down 2.6 %

The stock has a market capitalization of £4.52 million, a PE ratio of -1,850.00 and a beta of 0.64. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 70.89. The company has a 50 day simple moving average of GBX 18.38 and a 200 day simple moving average of GBX 19.75.

Insiders Place Their Bets

In other Malvern International news, insider Richard Christopher Mace acquired 241,953 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were acquired at an average cost of GBX 17 ($0.22) per share, for a total transaction of £41,132.01 ($53,711.16). In other Malvern International news, insider Richard Christopher Mace acquired 241,953 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was acquired at an average cost of GBX 17 ($0.22) per share, with a total value of £41,132.01 ($53,711.16). Also, insider Mark Westcombe Elliott acquired 230,200 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were bought at an average price of GBX 17 ($0.22) per share, with a total value of £39,134 ($51,102.12). 51.08% of the stock is currently 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.