Tavistock Investments (TAVI)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

 1.45p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.25
  • 52 Week Low: 1.35
  • Currency: UK Pounds
  • Shares Issued: 607.80m
  • Volume: 319,225
  • Market Cap: £8.81m

Tavistock YTD trading ahead of expectations

By Iain Gilbert

Date: Wednesday 24 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Wealth management group Tavistock Investment said on Wednesday that trading during the first two months of its financial year was ahead of the board's expectations.
Tavistock said the "strong performance" of its ACUMEN Protection Portfolios had contributed significantly to its success, given that they were designed specifically to shield clients from sharp and sustained falls in financial markets.

The AIM-listed group's newest fund, the ACUMEN ESG Protection Portfolio, performed "particularly effectively" since its launch on 5 December, with its net asset value having declined by less than 1%.

Tavistock also credited swift action taken to mitigate the impact of Covid-19 for helping guide it through the treacherous coronavirus-laden waters.

Chief executive Brian Raven said: "The performance of the ACUMEN Protection portfolios has been exceptional, underpinning the profitability of the group's investment management business.

"The board maintains its focus on tight financial management and is confident the business will emerge from the current crisis in good shape."

As of 0950 BST, Tavistock shares had shot up 21.43% to 1.70p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TAVI Market Data

Currency UK Pounds
Share Price 1.45p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.25
52 Week Low 1.35
Volume 319,225
Shares Issued 607.80m
Market Cap £8.81m

TAVI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.10% above the market average29.10% above the market average29.10% above the market average29.10% above the market average29.10% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Price Trend
69.68% below the market average69.68% below the market average69.68% below the market average69.68% below the market average69.68% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
2.06% below the market average2.06% below the market average2.06% below the market average2.06% below the market average2.06% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average

TAVI Dividends

  Latest Previous
  Final Final
Ex-Div 27-Jun-19 n/a
Paid 12-Jul-19 n/a
Amount 0.010p 0.000p

Trades for 27-Nov-2020

Time Volume / Share Price
16:28 100,000 @ 1.50p
10:47 142,454 @ 1.55p
10:27 63,807 @ 1.55p
10:11 12,964 @ 1.55p

TAVI Key Personnel

CEO Brian Raven

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