Octopus AIM VCT (LON:OOA) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Octopus AIM VCT (LON:OOA) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 43.95 and traded as low as GBX 38.60. Octopus AIM VCT shares last traded at GBX 38.60, with a volume of 0 shares traded.

Octopus AIM VCT Stock Up 2.1%

The company has a market capitalization of £88.57 million, a P/E ratio of -8.98 and a beta of 0.50. The business has a 50 day simple moving average of GBX 43.95 and a 200-day simple moving average of GBX 44.97.

Insider Transactions at Octopus AIM VCT

In other news, insider Andrew Norman Boteler acquired 21,804 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were purchased at an average cost of GBX 49 per share, for a total transaction of £10,683.96. Also, insider David Docherty bought 21,804 shares of Octopus AIM VCT stock in a transaction on Monday, March 9th. The shares were purchased at an average cost of GBX 49 per share, with a total value of £10,683.96. 0.18% of the stock is owned by company insiders.

Octopus AIM VCT Company Profile

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.