Albion Enterprise VCT (LON:AAEV) Share Price Passes Above 50 Day Moving Average – Time to Sell?
by Renee Jackson · The Cerbat GemShares of Albion Enterprise VCT (LON:AAEV – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 107.32 and traded as high as GBX 110. Albion Enterprise VCT shares last traded at GBX 110, with a volume of 1,100 shares changing hands.
Albion Enterprise VCT Price Performance
The business has a 50-day simple moving average of GBX 107.32 and a 200-day simple moving average of GBX 107.25. The stock has a market cap of £270.64 million, a P/E ratio of 149.31 and a beta of 0.03.
Albion Enterprise VCT (LON:AAEV – Get Free Report) last released its quarterly earnings results on Thursday, December 4th. The company reported GBX 0.43 EPS for the quarter. Albion Enterprise VCT had a net margin of 1,726.26% and a return on equity of 85.97%.
Insider Buying and Selling at Albion Enterprise VCT
In other news, insider Christopher Burrows purchased 5,163 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was bought at an average cost of GBX 116 per share, for a total transaction of £5,989.08. Also, insider Ben Larkin acquired 43,025 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was acquired at an average price of GBX 116 per share, for a total transaction of £49,909. Insiders bought 59,466 shares of company stock worth $6,891,102 over the last ninety days. Company insiders own 0.84% of the company’s stock.
Albion Enterprise VCT Company Profile
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. The fund invests in smaller unquoted companies based in the United Kingdom and invests in shares or securities including loans with a five year or greater maturity period.