Octopus AIM VCT (LON:OOA) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Octopus AIM VCT (LON:OOAGet Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 45.68 and traded as low as GBX 43. Octopus AIM VCT shares last traded at GBX 43, with a volume of 4,905 shares changing hands.

Octopus AIM VCT Trading Down 3.2%

The company has a market capitalization of £99.63 million, a PE ratio of -10.00 and a beta of 0.50. The business’s fifty day moving average is GBX 45.68 and its two-hundred day moving average is GBX 46.23.

Octopus AIM VCT (LON:OOAGet Free Report) last issued its earnings results on Tuesday, November 18th. The company reported GBX 0.30 EPS for the quarter. Octopus AIM VCT had a return on equity of 0.61% and a net margin of 21.28%.

About Octopus AIM VCT

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Octopus AIM VCT PLC is a venture capital trust specializing in investments in AIM or PLUS quoted companies. The fund seeks to allocate approximately 80 percent of its funds to qualifying investments in companies quoted on AIM or OFEX and the balance of 20 percent to non-qualifying Investments.

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