Shares of Koovs (LON:KOOV) rose 28.2% on Monday . The stock traded as high as GBX 14.50 ($0.20) and last traded at GBX 13.20 ($0.18). Approximately 5,245,383 shares changed hands during mid-day trading, an increase of 400% from the average daily volume of 1,050,000 shares. The stock had previously closed at GBX 10.30 ($0.14).
Separately, Peel Hunt reaffirmed an “under review” rating on shares of Koovs in a research report on Monday, February 26th.
In related news, insider Nina Amin acquired 200,000 shares of the stock in a transaction that occurred on Thursday, March 8th. The stock was purchased at an average price of GBX 6 ($0.08) per share, with a total value of £12,000 ($16,736.40).
Koovs Company Profile
Koovs plc is a supplier of branded fashion garments and accessories for sale by a third party through Koovs.com Website principally in Republic of India. The Company offers dresses, tops, jumpsuits and playsuits, skirts, trousers and leggings, cardigans and pullovers, lingerie and sleepwear, and swim and beachwear, among others, for women.
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