Braveheart Investment Group (LON:BRH) Shares Pass Above Fifty Day Moving Average – Here’s Why

by · The Markets Daily

Braveheart Investment Group plc (LON:BRH – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 4.31 ($0.05) and traded as high as GBX 5.19 ($0.06). Braveheart Investment Group shares last traded at GBX 4.81 ($0.06), with a volume of 68,577 shares trading hands.

Braveheart Investment Group Price Performance

The firm has a 50 day moving average price of GBX 4.36 and a two-hundred day moving average price of GBX 4.32. The company has a market cap of £3.06 million, a P/E ratio of -43.69 and a beta of -0.34. The company has a debt-to-equity ratio of 0.74, a quick ratio of 18.07 and a current ratio of 17.75.

Insiders Place Their Bets

In other news, insider Trevor Brown purchased 425,000 shares of the stock in a transaction on Friday, November 29th. The shares were acquired at an average price of GBX 4 ($0.05) per share, for a total transaction of £17,000 ($21,273.93). Insiders have acquired 3,120,701 shares of company stock worth $12,582,804 in the last ninety days. 31.49% of the stock is currently owned by insiders.

Braveheart Investment Group Company Profile

(Get Free Report)

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.

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