Albion Enterprise VCT (LON:AAEV) Stock Crosses Above 50-Day Moving Average – What’s Next?

by · The Cerbat Gem

Albion Enterprise VCT (LON:AAEV – Get Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 111.96 ($1.36) and traded as high as GBX 114 ($1.39). Albion Enterprise VCT shares last traded at GBX 114 ($1.39), with a volume of 4 shares changing hands.

Albion Enterprise VCT Stock Performance

The firm has a market capitalization of £126.59 million, a PE ratio of 3,800.00 and a beta of 0.03. The business’s 50 day moving average is GBX 111.88 and its two-hundred day moving average is GBX 117.77.

Albion Enterprise VCT Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be issued a dividend of GBX 3.28 ($0.04) per share. This represents a dividend yield of 2.89%. The ex-dividend date is Thursday, February 6th. Albion Enterprise VCT’s dividend payout ratio is currently 20,000.00%.

About Albion Enterprise VCT

(Get Free Report)

Albion Enterprise VCT PLC is a venture capital trust specializing in early and growth stage investments. It seeks to invest in the information technology, software, pharmaceutical services, leisure sector, healthcare technology and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture.

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