Braveheart Investment Group (LON:BRH) Trading Down 12.5% – What’s Next?

Shares of Braveheart Investment Group plc (LON:BRH) dropped 12.5% during mid-day trading on Wednesday . The stock traded as low as GBX 3.16 ($0.04) and last traded at GBX 3.50 ($0.04). Approximately 420,047 shares changed hands during trading, an increase of 303% from the average daily volume of 104,150 shares. The stock had previously closed at GBX 4 ($0.05).

Braveheart Investment Group Price Performance

The company has a current ratio of 17.75, a quick ratio of 18.07 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average price of GBX 3.77 and a 200 day moving average price of GBX 4.40. The stock has a market capitalization of £2.71 million, a price-to-earnings ratio of -38.64 and a beta of -0.34.

Insiders Place Their Bets

In related news, insider Trevor Brown bought 2,595,701 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were acquired at an average price of GBX 4 ($0.05) per share, for a total transaction of £103,828.04 ($131,794.92). 31.49% of the stock is currently owned by company insiders.

Braveheart Investment Group Company Profile

Braveheart Investment Group plc is a private equity and venture capital firm specializing in loan, mezzanine, seed/startup, early venture, late stage, emerging growth, turnaround, distress situations, buyout in growth capital companies. It prefers to invest in materials, industrials, commercial and professional services, consumer discretionary, consumer services, consumer staples, health care, financials, information technology, communication services, media, engineering services, sporting goods and services, biotechnology, internet software, digital, and entertainment.