Bay Capital Plc (LON:BAY – Get Free Report)’s stock price was up 20.6% on Tuesday following insider buying activity. The stock traded as high as GBX 13 and last traded at GBX 12. Approximately 8,175,539 shares were traded during trading, an increase of 1,476% from the average daily volume of 518,758 shares. The stock had previously closed at GBX 9.95.
Specifically, insider David Jeffreys Williams purchased 1,800,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of GBX 10 per share, for a total transaction of £180,000.
Bay Capital Stock Up 20.6%
The stock’s fifty day moving average is GBX 8.66 and its 200-day moving average is GBX 6.93. The stock has a market cap of £8.40 million, a price-to-earnings ratio of -26.09 and a beta of -0.64.
About Bay Capital
Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.
Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.
See Also
- Five stocks we like better than Bay Capital
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
- Tesla’s Energy Business Just Got a SpaceX Demand Signal
- Oklo’s Revenue Transition Gives Bulls a New Reason to Watch
Receive News & Ratings for Bay Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bay Capital and related companies with MarketBeat.com's FREE daily email newsletter.
