Octopus AIM VCT (LON:OOA) Stock Crosses Above 50 Day Moving Average – What’s Next?

Shares of Octopus AIM VCT (LON:OOAGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 39.31 and traded as high as GBX 41.40. Octopus AIM VCT shares last traded at GBX 41.40, with a volume of 16,392 shares trading hands.

Octopus AIM VCT Price Performance

The firm has a market cap of £103.37 million, a price-to-earnings ratio of -9.63 and a beta of 0.57. The business’s 50-day moving average price is GBX 39.31 and its two-hundred day moving average price is GBX 41.65.

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 (EPS) for the quarter. The firm had revenue of GBX 207 million for the quarter. Octopus AIM VCT had a return on equity of 2.54% and a net margin of 74.14%.

Octopus AIM VCT Company Profile

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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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