Bay Capital (LON:BAY) Insider Acquires £180,000 in Stock

Key Points

  • Bay Capital insider David Jeffreys Williams purchased 1.8 million shares at GBX 10 each, for a total investment of £180,000.
  • Bay Capital shares opened at GBX 12, up 20.6%, with a market capitalization of approximately £8.4 million and a 1-year trading range of GBX 3.50 to GBX 13.
  • The company seeks investment and acquisition opportunities in sectors including industrials, construction, business services, and software and technology.

Bay Capital Plc (LON:BAY - Get Free Report) insider David Jeffreys Williams purchased 1,800,000 shares of the business's stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average cost of GBX 10 per share, with a total value of £180,000.

Bay Capital Trading Up 20.6%

Shares of Bay Capital stock opened at GBX 12 on Wednesday. The stock has a market capitalization of £8.40 million, a price-to-earnings ratio of -26.09 and a beta of -0.64. Bay Capital Plc has a 1-year low of GBX 3.50 and a 1-year high of GBX 13. The firm's 50-day moving average price is GBX 8.73 and its two-hundred day moving average price is GBX 6.97.

About Bay Capital

(Get Free Report)

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.

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