SLF Realisation Fund (LON:SLFR) Shares Down 19% – Here’s Why

SLF Realisation Fund (LON:SLFR)’s share price dropped 19% during mid-day trading on Monday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1 ($0.01). 279,948 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 701,780 shares. The stock had previously closed at GBX 1.24 ($0.02).

SLF Realisation Fund Trading Down 19.0 %

The stock has a market cap of £3.56 million and a price-to-earnings ratio of -25.00. The company has a fifty day simple moving average of GBX 1.06 and a 200-day simple moving average of GBX 1.50.

Insider Buying and Selling

In related news, insider Brett Lance Miller purchased 250,000 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £2,500 ($3,082.61). In the last ninety days, insiders acquired 16,280,470 shares of company stock valued at $16,280,470. Corporate insiders own 10.99% of the company’s stock.