Tavistock Investments (TAVI)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

4.77p
   
  • Change Today:
      0.024p
  • 52 Week High: 8.25
  • 52 Week Low: 3.75
  • Currency: UK Pounds
  • Shares Issued: 560.43m
  • Volume: 98,825
  • Market Cap: £26.76m

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 4.77p
Change Today 0.024p
% Change 0.51 %
52 Week High 8.25
52 Week Low 3.75
Volume 98,825
Shares Issued 560.43m
Market Cap £26.76m

TAVI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.44% above the market average16.44% above the market average16.44% above the market average16.44% above the market average16.44% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Price Trend
47.62% below the market average47.62% below the market average47.62% below the market average47.62% below the market average47.62% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income
90.23% below the market average90.23% below the market average90.23% below the market average90.23% below the market average90.23% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
59.86% above the market average59.86% above the market average59.86% above the market average59.86% above the market average59.86% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

TAVI Dividends

  Latest Previous
  Interim Interim
Ex-Div 30-Nov-23 07-Jul-22
Paid 15-Dec-23 22-Jul-22
Amount 0.070p 0.070p

Trades for 19-Apr-2024

Time Volume / Share Price
13:53 1,201 @ 4.62p
08:57 40,416 @ 4.93p
08:37 57,208 @ 4.60p

TAVI Key Personnel

Chair Oliver Charles Cooke
CEO Brian Raven

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