Totally (LON:TLY) Stock Price Down 9.7% – Here’s Why

Totally plc (LON:TLY) shares dropped 9.7% during trading on Wednesday . The company traded as low as GBX 1.45 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 131,182 shares were traded during trading, a decline of 93% from the average daily volume of 1,921,951 shares. The stock had previously closed at GBX 1.60 ($0.02).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated an “under review” rating on shares of Totally in a research note on Thursday, May 1st.

Totally Stock Down 7.3 %

The firm has a market capitalization of £2.92 million, a P/E ratio of -0.77 and a beta of 0.55. The company has a debt-to-equity ratio of 14.73, a quick ratio of 0.66 and a current ratio of 0.50. The stock has a 50 day moving average of GBX 3.71 and a 200-day moving average of GBX 6.36.

Insider Activity at Totally

In other news, insider John McMullan bought 1,300,000 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were acquired at an average price of GBX 4 ($0.05) per share, with a total value of £52,000 ($69,435.17). Also, insider Simon Stilwell bought 534,000 shares of Totally stock in a transaction that occurred on Wednesday, March 26th. The shares were acquired at an average price of GBX 4 ($0.05) per share, with a total value of £21,360 ($28,521.83). 13.31% of the stock is currently owned by corporate insiders.

About Totally

Totally plc, together with its subsidiaries, provides out-of-hospital healthcare services in the United Kingdom and Ireland. It operates through Urgent Care, Elective Care, and Corporate Wellbeing segments. The company provides urgent treatment centres which manages front door to A&E departments; NHS 111, GP out of hours services; and clinical assessment services providing telephonic access to multidisciplinary teams of clinicians, and acute visiting services as part of an integrated care system.