Fiske (LON:FKE) Stock Price Down 4% – Should You Sell?

Shares of Fiske plc (LON:FKE) dropped 4% on Wednesday. The stock traded as low as GBX 60 and last traded at GBX 60. 9,384 shares traded hands during trading, a decline of 32% from the average session volume of 13,708 shares. The stock had previously closed at GBX 62.50.

Fiske Stock Performance

The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.04 and a current ratio of 107.46. The firm’s 50-day moving average price is GBX 64.90 and its two-hundred day moving average price is GBX 66.81. The stock has a market cap of £7.10 million, a price-to-earnings ratio of 8.70 and a beta of 0.22.

Fiske (LON:FKE) last released its quarterly earnings data on Friday, October 16th. The company reported GBX 6.90 earnings per share (EPS) for the quarter. Fiske had a net margin of 9.52% and a return on equity of 6.98%.

Insider Buying and Selling at Fiske

In other news, insider Tony R. Pattison purchased 35,000 shares of the company’s stock in a transaction dated Friday, October 16th. The stock was acquired at an average price of GBX 60 per share, with a total value of £21,000. 50.48% of the stock is currently owned by company insiders.

About Fiske

In August 1973 Clive Harrison founded Fiske & Co. Over half a century later the business is still thriving. Fiske plc is a public company listed on the AIM Market and is one of the few remaining independent investment and wealth management firms in London. We provide a range of investment services to private, corporate and institutional clients including private investors, trustees, charities, pension funds and their professional advisers. We manage, or advise on, funds in excess of £900 million.