Braveheart Investment Group (LON:BRH) Shares Up 12.3% – Here’s What Happened

Braveheart Investment Group plc (LON:BRH)’s share price rose 12.3% during trading on Tuesday . The stock traded as high as GBX 4.49 ($0.06) and last traded at GBX 4.49 ($0.06). Approximately 154,341 shares changed hands during trading, an increase of 48% from the average daily volume of 104,467 shares. The stock had previously closed at GBX 4 ($0.05).

Braveheart Investment Group Price Performance

The company has a current ratio of 17.75, a quick ratio of 18.07 and a debt-to-equity ratio of 0.74. The company’s 50 day moving average price is GBX 3.80 and its 200 day moving average price is GBX 4.50. The company has a market cap of £2.77 million, a price-to-earnings ratio of -36.36 and a beta of -0.34.

Insider Buying and Selling at Braveheart Investment Group

In related news, insider Trevor Brown acquired 2,595,701 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £103,828.04 ($131,378.01). 31.49% of the stock is currently owned by insiders.

About Braveheart Investment Group

Braveheart Investment Group plc is a private equity and venture capital firm specializing in loan, mezzanine, seed/startup, early venture, late stage, emerging growth, turnaround, distress situations, buyout in growth capital companies. It prefers to invest in materials, industrials, commercial and professional services, consumer discretionary, consumer services, consumer staples, health care, financials, information technology, communication services, media, engineering services, sporting goods and services, biotechnology, internet software, digital, and entertainment.