ADVFN (LON:AFN) Trading Up 16.4% – What’s Next?

ADVFN Plc (LON:AFN)’s share price shot up 16.4% during mid-day trading on Friday . The company traded as high as GBX 12.80 ($0.16) and last traded at GBX 12.80 ($0.16). 250,505 shares were traded during mid-day trading, an increase of 516% from the average session volume of 40,645 shares. The stock had previously closed at GBX 11 ($0.13).

ADVFN Stock Performance

The stock’s 50-day moving average price is GBX 13.35 and its 200-day moving average price is GBX 17.02. The company has a market capitalization of £5.93 million, a price-to-earnings ratio of -320.00 and a beta of 0.75. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.55 and a current ratio of 3.32.

Insider Activity at ADVFN

In other ADVFN news, insider Amit Tauman acquired 30,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average cost of GBX 10 ($0.12) per share, for a total transaction of £3,000 ($3,670.62). 53.01% of the stock is currently owned by company insiders.

ADVFN Company Profile

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.