London Finance & Investment Group (LON:LFI) Shares Up 10.9%

London Finance & Investment Group P.L.C. (LON:LFI) shares shot up 10.9% during trading on Thursday . The stock traded as high as GBX 61 ($0.77) and last traded at GBX 61 ($0.77). 11,600 shares traded hands during trading, a decline of 36% from the average session volume of 18,167 shares. The stock had previously closed at GBX 55 ($0.70).

London Finance & Investment Group Price Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 47.62 and a quick ratio of 28.52. The company’s 50 day moving average price is GBX 49.76 and its 200 day moving average price is GBX 46.62. The firm has a market capitalization of £20.13 million, a P/E ratio of 2,002.20 and a beta of 0.47.

Insider Buying and Selling at London Finance & Investment Group

In other news, insider Warwick Hugh Marshall bought 125,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was bought at an average price of GBX 43 ($0.55) per share, for a total transaction of £53,750 ($68,184.70). Corporate insiders own 65.27% of the company’s stock.

About London Finance & Investment Group

London Finance & Investment Group P.L.C., together with its subsidiaries, operates as an investment finance and management company. It primarily invests in smaller U.K. quoted companies, which are balanced by a general portfolio that consists of investments in U.S., U.K. and European equities. The general portfolio includes interest in food and beverage, oil, natural resources, chemicals, and tobacco sectors.