Octopus AIM VCT (LON:OOA) Shares Cross Below 50 Day Moving Average – Should You Sell?

Octopus AIM VCT (LON:OOAGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 38.94 and traded as low as GBX 38.40. Octopus AIM VCT shares last traded at GBX 38.40, with a volume of 16 shares.

Octopus AIM VCT Stock Down 3.5%

The stock’s 50-day moving average price is GBX 38.94 and its 200-day moving average price is GBX 41.73. The company has a market capitalization of £95.88 million, a price-to-earnings ratio of -8.93 and a beta of 0.57.

Octopus AIM VCT (LON:OOAGet Free Report) last issued its quarterly earnings results on Wednesday, June 17th. The company reported GBX 0.40 earnings per share for the quarter. Octopus AIM VCT had a net margin of 74.14% and a return on equity of 2.54%. The business had revenue of GBX 207 million during the quarter.

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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