ADVFN (LON:AFN) Trading 16.4% Higher – Here’s What Happened

ADVFN Plc (LON:AFN)’s stock price was up 16.4% during mid-day trading on Friday . The company traded as high as GBX 12.80 ($0.16) and last traded at GBX 12.80 ($0.16). Approximately 250,505 shares changed hands during mid-day trading, an increase of 516% from the average daily volume of 40,645 shares. The stock had previously closed at GBX 11 ($0.13).

ADVFN Price Performance

The business’s 50 day moving average is GBX 13.24 and its 200-day moving average is GBX 17.03. The company has a quick ratio of 0.55, a current ratio of 3.32 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of £5.93 million, a P/E ratio of -320.00 and a beta of 0.75.

Insider Buying and Selling at ADVFN

In related news, insider Amit Tauman bought 30,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were bought at an average price of GBX 10 ($0.12) per share, for a total transaction of £3,000 ($3,650.08). Insiders own 53.01% of the company’s stock.

About ADVFN

ADVFN is an award-winning global stocks, shares and crypto information website providing market-leading financial tools and data to private investors around the world.

Offering real-time share prices, news feeds, charting, portfolio management, monitor lists, financials, data from global stock exchanges, Level 2 and the most active financial bulletin board in the UK (along with many other features), the site is the destination of choice for day traders and retail investors.