Insider Buying: Bay Capital (LON:BAY) Insider Acquires 1,800,000 Shares of Stock

Bay Capital Plc (LON:BAY) insider David Jeffreys Williams acquired 1,800,000 shares of the stock in a transaction dated Monday, August 10th. The stock was purchased at an average cost of GBX 10 per share, with a total value of £180,000.

Bay Capital Price Performance

Shares of LON BAY opened at GBX 12.64 on Tuesday. The company has a 50 day simple moving average of GBX 8.66 and a 200 day simple moving average of GBX 6.93. Bay Capital Plc has a 1 year low of GBX 3.50 and a 1 year high of GBX 13. The firm has a market cap of £8.85 million, a PE ratio of -27.49 and a beta of -0.64.

About Bay Capital

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.