Braveheart Investment Group (LON:BRH) Shares Up 24.7% – Still a Buy?

Braveheart Investment Group plc (LON:BRH)’s stock price shot up 24.7% during mid-day trading on Wednesday . The company traded as high as GBX 5.30 ($0.07) and last traded at GBX 5.30 ($0.07). 210,956 shares changed hands during trading, an increase of 94% from the average session volume of 108,821 shares. The stock had previously closed at GBX 4.25 ($0.05).

Braveheart Investment Group Stock Up 24.7 %

The firm has a market cap of £3.38 million, a price-to-earnings ratio of -43.64 and a beta of -0.34. 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 stock has a 50-day moving average of GBX 3.80 and a 200-day moving average of GBX 4.35.

Insider Buying and Selling at Braveheart Investment Group

In other Braveheart Investment Group news, insider Trevor Brown bought 2,595,701 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were purchased at an average price of GBX 4 ($0.05) per share, with a total value of £103,828.04 ($131,561.13). 31.49% of the stock is owned by company 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.