Brown Advisory US Smaller Companies (LON:BASC) Trading 0.8% Higher - Still a Buy?

Key Points

• Brown Advisory US Smaller Companies PLC shares rose by 0.8%, reaching a last traded price of GBX 1,290 ($17.52), although trading volume saw a significant decline of 97% compared to the average.
• Recent insider trading indicates confidence in the company, with two insiders purchasing shares at prices around GBX 1,309 and GBX 1,255.
• The company aims for long-term growth by investing in a diversified portfolio of quotes from US smaller and medium-sized companies.

Shares of Brown Advisory US Smaller Companies PLC (LON:BASC - ) traded up 0.8% during mid-day trading on Wednesday . The company traded as high as GBX 1,315 ($17.86) and last traded at GBX 1,290 ($17.52). 566 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 22,132 shares. The stock had previously closed at GBX 1,280 ($17.38).

Brown Advisory US Smaller Companies Stock Performance

The company's 50 day simple moving average is GBX 1,285.30 and its 200 day simple moving average is GBX 1,284.25. The stock has a market cap of £150.97 million, a PE ratio of 33.31 and a beta of 0.78.

Insider Buying and Selling

In other news, insider Jasper Judd acquired 2,000 shares of the stock in a transaction that occurred on Friday, July 18th. The shares were acquired at an average cost of GBX 1,309 ($17.78) per share, for a total transaction of £26,180 ($35,551.33). Also, insider Ruth Beechey purchased 1,553 shares of the stock in a transaction dated Friday, July 4th. The stock was purchased at an average cost of GBX 1,255 ($17.04) per share, for a total transaction of £19,490.15 ($26,466.80). 8.61% of the stock is owned by corporate insiders.

About Brown Advisory US Smaller Companies

The Company's investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted US smaller and medium-sized companies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.