Investment (LON:INV) Shares Down 1.9% – Should You Sell?

The Investment Company plc (LON:INV)’s share price dropped 1.9% on Friday . The company traded as low as GBX 65 ($0.84) and last traded at GBX 65 ($0.84). Approximately 4,035 shares were traded during trading, a decline of 70% from the average daily volume of 13,408 shares. The stock had previously closed at GBX 66.25 ($0.85).

Investment Trading Down 1.9 %

The firm has a market cap of £1.21 million, a P/E ratio of 1.19 and a beta of 0.28. The stock’s fifty day moving average is GBX 257.42 and its two-hundred day moving average is GBX 334.32.

Investment (LON:INV) last released its quarterly earnings results on Monday, February 17th. The company reported GBX (0.81) (($0.01)) earnings per share for the quarter. Investment had a return on equity of 14.48% and a net margin of 83.35%.

Insiders Place Their Bets

In related news, insider Martin Henry Withers Perrin bought 4,000 shares of the company’s stock in a transaction on Monday, February 17th. The stock was acquired at an average cost of GBX 358 ($4.62) per share, for a total transaction of £14,320 ($18,472.65). Corporate insiders own 58.23% of the company’s stock.

Investment Company Profile

The Investment Company plc is a small registered, self-managed closed-ended balanced fund. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The fund is managed by Chelverton Asset Management Limited.