ADVFN (LON:AFN) Shares Down 7.9% – Here’s Why

ADVFN Plc (LON:AFN)’s share price dropped 7.9% during trading on Wednesday . The stock traded as low as GBX 11.04 ($0.14) and last traded at GBX 11.05 ($0.14). Approximately 17,121 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 17,324 shares. The stock had previously closed at GBX 12 ($0.15).

ADVFN Price Performance

The company has a 50-day moving average of GBX 14.41 and a two-hundred day moving average of GBX 17.16. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.32 and a quick ratio of 0.55. The stock has a market capitalization of £5.12 million, a PE ratio of -276.25 and a beta of 0.75.

Insider Transactions at ADVFN

In other news, insider Amit Tauman bought 30,000 shares of ADVFN stock in a transaction that occurred on Monday, December 2nd. The shares were purchased at an average price of GBX 10 ($0.12) per share, for a total transaction of £3,000 ($3,708.28). Insiders own 53.01% of the company’s stock.

About ADVFN

ADVFN is an award-winning global stocks, shares and crypto information website providing market-leading financial tools and data to private investors around the world.

Offering real-time share prices, news feeds, charting, portfolio management, monitor lists, financials, data from global stock exchanges, Level 2 and the most active financial bulletin board in the UK (along with many other features), the site is the destination of choice for day traders and retail investors.