Fiske (LON:FKE) Stock Price Down 4% – Should You Sell?

Fiske plc (LON:FKE) shares fell 4% during mid-day trading on Wednesday. The stock traded as low as GBX 60 and last traded at GBX 60. Approximately 9,384 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 13,708 shares. The stock had previously closed at GBX 62.50.

Fiske Stock Performance

The firm’s fifty day moving average is GBX 64.90 and its 200-day moving average is GBX 66.81. The company has a current ratio of 107.46, a quick ratio of 2.04 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of £7.10 million, a PE ratio of 8.70 and a beta of 0.22.

Fiske (LON:FKE) last announced its earnings results on Friday, October 16th. The company reported GBX 6.90 earnings per share for the quarter. Fiske had a net margin of 9.52% and a return on equity of 6.98%.

Insider Activity

In related news, insider Tony R. Pattison acquired 35,000 shares of the firm’s stock in a transaction dated Friday, October 16th. The shares were purchased at an average cost of GBX 60 per share, for a total transaction of £21,000. Company insiders own 50.48% of the company’s stock.

Fiske Company Profile

In August 1973 Clive Harrison founded Fiske & Co. Over half a century later the business is still thriving. Fiske plc is a public company listed on the AIM Market and is one of the few remaining independent investment and wealth management firms in London. We provide a range of investment services to private, corporate and institutional clients including private investors, trustees, charities, pension funds and their professional advisers. We manage, or advise on, funds in excess of £900 million.