Bisichi (LON:BISI) Shares Up 3.8% – Here’s Why

Bisichi PLC (LON:BISI) was up 3.8% during mid-day trading on Monday . The company traded as high as GBX 114.15 ($1.44) and last traded at GBX 114.15 ($1.44). Approximately 653 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 6,523 shares. The stock had previously closed at GBX 110 ($1.39).

Bisichi Stock Up 3.8 %

The company has a debt-to-equity ratio of 18.02, a current ratio of 0.59 and a quick ratio of 1.03. The business’s fifty day moving average price is GBX 111.69 and its two-hundred day moving average price is GBX 96.41. The stock has a market capitalization of £12.19 million, a PE ratio of 475.63 and a beta of -0.10.

Insider Buying and Selling

In related news, insider Clement Robin Parish purchased 5,000 shares of the business’s stock in a transaction on Thursday, October 10th. The shares were bought at an average cost of GBX 123 ($1.56) per share, with a total value of £6,150 ($7,783.82). Corporate insiders own 58.54% of the company’s stock.

Bisichi Company Profile

Bisichi PLC engages in the coal mining and processing activities in South Africa. The company owns an interest in the Black Wattle Colliery, a coal mining and washing operation located in Mpumulanga, South Africa. It is also involved in the retail property investment and residential property development activities in the United Kingdom, as well as share dealing business.