Tavistock Investments (TAVI)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

8.90p
   
  • Change Today:
    -0.60p
  • 52 Week High: 10.00
  • 52 Week Low: 3.70
  • Currency: UK Pounds
  • Shares Issued: 558.38m
  • Volume: 1,443,673
  • Market Cap: £49.70m

Tavistock trades resiliently amid Covid-19 pandemic

By Iain Gilbert

Date: Tuesday 09 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Financial services group Tavistock Investments said on Tuesday that its financial performance during the Covid-19 pandemic had been "resilient".

Tavistock stated the primary impact of the coronavirus pandemic and associated lockdowns had been a reduction in new advisory business levels, which were influenced by advisers' ability to meet with clients.

However, the AIM-listed company stated that because it benefits from "a high level of recurring income", it currently expects to report gross revenues for the financial year broadly in line with the prior year.

Tavistock added that prudent management of costs had also protected it, with an appropriate structure now in place to support the group's future growth, and added that it now expects to report underlying for the year ending 31 March to be "significantly ahead" of last year.

Chief executive Brian Raven said: "The company is now in a strong position to accelerate its growth over the next few years and by so doing, deliver increased value to our shareholders and an enhanced service to our clients."

As of 0920 GMT, Tavistock shares had surged 20.89% to 2.30p.

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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 8.90p
Change Today -0.60p
% Change -6.32 %
52 Week High 10.00
52 Week Low 3.70
Volume 1,443,673
Shares Issued 558.38m
Market Cap £49.70m

TAVI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.75% below the market average71.75% below the market average71.75% below the market average71.75% below the market average71.75% below the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average
Price Trend
98.63% above the market average98.63% above the market average98.63% above the market average98.63% above the market average98.63% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
27.69% below the market average27.69% below the market average27.69% below the market average27.69% below the market average27.69% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

TAVI Dividends

  Latest Previous
  Interim Interim
Ex-Div 07-Jul-22 16-Sep-21
Paid 22-Jul-22 04-Oct-21
Amount 0.070p 0.050p

Trades for 16-Aug-2022

Time Volume / Share Price
16:10 111,111 @ 9.00p
16:12 22,279 @ 8.95p
15:24 11,046 @ 9.00p
15:15 533 @ 8.80p
13:59 125,000 @ 9.12p

TAVI Key Personnel

Chair Oliver Charles Cooke
CEO Brian Raven

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