Malvern International (LON:MLVN) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Malvern International Plc (LON:MLVN)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 20.19 ($0.25) and traded as low as GBX 20 ($0.24). Malvern International shares last traded at GBX 21.50 ($0.26), with a volume of 401,764 shares.

Malvern International Trading Up 7.5 %

The stock has a fifty day simple moving average of GBX 20.19 and a 200 day simple moving average of GBX 19.30. The company has a debt-to-equity ratio of 70.89, a quick ratio of 0.50 and a current ratio of 0.66. The firm has a market cap of £5.25 million, a P/E ratio of -2,150.00 and a beta of 0.64.

Insiders Place Their Bets

In other Malvern International news, insider Richard Christopher Mace sold 69,000 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of GBX 17 ($0.21), for a total transaction of £11,730 ($14,271.81). 51.08% of the stock is owned by insiders.

About Malvern International

Malvern International Plc provides educational services in the United Kingdom. The company operates Malvern House London; Malvern House Brighton; Communicate School in Manchester; Language in Action; and International Study Centres. It also offers English language schools, juniors and summer camps programmes; business and management, accounting and finance, humanities and social sciences, and engineering and science; in-sessional and pre-sessional English programs; and international foundation year and programme, international year one, and international graduate diploma.