Octopus AIM VCT (LON:OOA) Stock Passes Above Fifty Day Moving Average – Here’s Why

Octopus AIM VCT (LON:OOA) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 38.42 and traded as high as GBX 39.80. Octopus AIM VCT shares last traded at GBX 37.50, with a volume of 2,418 shares changing hands.

Octopus AIM VCT Price Performance

The company has a fifty day simple moving average of GBX 38.42 and a two-hundred day simple moving average of GBX 42.68. The company has a market capitalization of £93.96 million, a P/E ratio of -8.72 and a beta of 0.50.

Insider Activity at Octopus AIM VCT

In related news, insider Andrew Norman Boteler purchased 21,804 shares of the stock in a transaction on Monday, March 9th. The shares were bought at an average price of GBX 49 per share, for a total transaction of £10,683.96. Also, insider David Docherty purchased 21,804 shares of the stock in a transaction on Monday, March 9th. The shares were bought at an average price of GBX 49 per share, for a total transaction of £10,683.96. Company insiders own 0.21% of the company’s stock.

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.