London Finance & Investment Group (LON:LFI) Trading Up 10.9%

London Finance & Investment Group P.L.C. (LON:LFI) shot up 10.9% on Thursday . The stock traded as high as GBX 61 ($0.77) and last traded at GBX 61 ($0.77). 11,600 shares were traded during mid-day trading, a decline of 36% from the average session volume of 18,167 shares. The stock had previously closed at GBX 55 ($0.70).

London Finance & Investment Group Trading Up 10.9 %

The firm has a fifty day moving average price of GBX 49.46 and a 200-day moving average price of GBX 46.24. The company has a debt-to-equity ratio of 0.39, a quick ratio of 28.52 and a current ratio of 47.62. The company has a market capitalization of £19.04 million, a price-to-earnings ratio of 1,991.67 and a beta of 0.47.

Insider Buying and Selling at London Finance & Investment Group

In other London Finance & Investment Group news, insider Warwick Hugh Marshall acquired 125,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average cost of GBX 43 ($0.55) per share, for a total transaction of £53,750 ($68,184.70). Company insiders own 65.27% of the company’s stock.

London Finance & Investment Group Company Profile

London Finance & Investment Group P.L.C., together with its subsidiaries, operates as an investment finance and management company. It primarily invests in smaller U.K. quoted companies, which are balanced by a general portfolio that consists of investments in U.S., U.K. and European equities. The general portfolio includes interest in food and beverage, oil, natural resources, chemicals, and tobacco sectors.