Amati AIM VCT (LON:AMAT) Shares Down 16.3% – What’s Next?

Amati AIM VCT (LON:AMATGet Free Report)’s stock price fell 16.3% during trading on Friday . The stock traded as low as GBX 56.01 ($0.74) and last traded at GBX 56.51 ($0.75). 44,989 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 29,504 shares. The stock had previously closed at GBX 67.50 ($0.90).

Amati AIM VCT Price Performance

The business’s 50-day moving average price is GBX 66.69 and its two-hundred day moving average price is GBX 70.70. The company has a market capitalization of £82.96 million, a P/E ratio of -7.77 and a beta of 0.54.

About Amati AIM VCT

(Get Free Report)

The investment objective of Amati AIM VCT plc (the “Company”) is to generate tax free capital gains and regular dividend income for its shareholders, primarily through Qualifying Investments in AIM-traded companies and through Non-Qualifying Investments as allowed by the VCT legislation. The Company will manage its portfolio to comply with the requirements of the rules and regulations applicable to VCTs.

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