Tavistock Investments (LON:TAVI) Stock Price Down 9.3% – Here’s What Happened

Tavistock Investments Plc (LON:TAVI)’s stock price dropped 9.3% on Thursday. The stock traded as low as GBX 1.65 and last traded at GBX 1.70. 1,521,668 shares traded hands during trading, an increase of 200% from the average daily volume of 507,474 shares. The stock had previously closed at GBX 1.88.

Tavistock Investments Stock Down 9.3%

The firm’s 50 day moving average price is GBX 2.60 and its 200-day moving average price is GBX 2.99. The company has a current ratio of 9.28, a quick ratio of 3.89 and a debt-to-equity ratio of 19.04. The company has a market cap of £7.50 million, a P/E ratio of -1.11 and a beta of 0.02.

Tavistock Investments (LON:TAVI) last announced its quarterly earnings data on Thursday, September 24th. The company reported GBX (1.53) earnings per share for the quarter. Tavistock Investments had a negative net margin of 36.91% and a negative return on equity of 24.21%. As a group, equities research analysts expect that Tavistock Investments Plc will post 0.13 EPS for the current year.

About Tavistock Investments

Tavistock Investments Plc provides investment management and advisory support services to a network of financial advisers in the United Kingdom. The company offers investment planning, financial planning, pension and retirement planning, estate and legacy planning, protection and insurance, will writing, bereavement notification, employee benefits, protects families from financial difficulty, finance for homes and mortgages, financial management, financial planning, and tax saving services. Tavistock Investments Plc was incorporated in 2004 and is based in Ascot, the United Kingdom.