Oakley Capital Investments Limited (LON:OCI) rose 1.8% on Friday . The company traded as high as GBX 224 ($2.93) and last traded at GBX 222.50 ($2.91), approximately 85,179 shares traded hands during mid-day trading. A decline of 50% from the average daily volume of 169,317 shares. The stock had previously closed at GBX 218.50 ($2.86).
Separately, Liberum Capital boosted their price target on Oakley Capital Investments from GBX 275 ($3.59) to GBX 281 ($3.67) and gave the stock a “buy” rating in a report on Friday, September 27th.
The company has a market capitalization of $454.79 million and a price-to-earnings ratio of 3.47. The stock has a fifty day moving average price of GBX 228.74 and a two-hundred day moving average price of GBX 204.14.
In related news, insider Laurence Blackall purchased 100,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was bought at an average cost of GBX 235 ($3.07) per share, with a total value of £235,000 ($307,069.12).
About Oakley Capital Investments (LON:OCI)
Oakley Capital Investments Limited is private equity and venture capital firm specializing in investments in any stage of businesses development including start-up, early, growth, established businesses, late stage, mid markets, restructuring, management buy-outs, management buy-ins, public to privates, re-financings, secondary purchases, growth capital, turnarounds, and buy-and-build investments as well as investments in other funds.
See Also: What defines an oversold asset?
Receive News & Ratings for Oakley Capital Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oakley Capital Investments and related companies with MarketBeat.com's FREE daily email newsletter.