Herald (LON:HRI – Get Free Report)’s stock price shot up 0.5% during trading on Tuesday . The company traded as high as GBX 2,175 ($28.68) and last traded at GBX 2,175 ($28.68). 224,353 shares were traded during trading, an increase of 180% from the average session volume of 80,266 shares. The stock had previously closed at GBX 2,165 ($28.55).
Herald Stock Up 0.5 %
The stock has a fifty day moving average price of GBX 2,189.50 and a two-hundred day moving average price of GBX 2,144.15. The company has a market capitalization of £1.20 billion, a price-to-earnings ratio of 2,685.19 and a beta of 0.88.
Insiders Place Their Bets
In other news, insider Christopher Metcalfe bought 2,220 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were purchased at an average price of GBX 2,263 ($29.84) per share, for a total transaction of £50,238.60 ($66,251.62). 5.31% of the stock is owned by corporate insiders.
About Herald
Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.
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