Odyssean Investment Trust (LON:OIT) Shares Up 0.6% – Here’s What Happened

Odyssean Investment Trust (LON:OIT)’s stock price was up 0.6% during trading on Monday . The company traded as high as GBX 163 ($2.20) and last traded at GBX 162.50 ($2.19). Approximately 352,212 shares changed hands during mid-day trading, an increase of 66% from the average daily volume of 212,068 shares. The stock had previously closed at GBX 161.50 ($2.18).

Odyssean Investment Trust Trading Down 0.4%

The firm has a fifty day moving average price of GBX 152.63 and a 200 day moving average price of GBX 145.11. The firm has a market capitalization of £216.80 million, a price-to-earnings ratio of -44.76 and a beta of 0.75.

Odyssean Investment Trust (LON:OIT) last announced its quarterly earnings results on Thursday, May 29th. The company reported GBX (0.40) (($0.01)) earnings per share (EPS) for the quarter. Odyssean Investment Trust had a negative return on equity of 2.33% and a net margin of 186.18%.

Insider Activity

In other Odyssean Investment Trust news, insider Richard King acquired 2,600 shares of the company’s stock in a transaction that occurred on Friday, June 27th. The stock was bought at an average price of GBX 164 ($2.21) per share, with a total value of £4,264 ($5,748.18). Also, insider Arabella Cecil bought 3,134 shares of the firm’s stock in a transaction on Wednesday, July 9th. The shares were bought at an average price of GBX 162 ($2.18) per share, with a total value of £5,077.08 ($6,844.27). Insiders have bought 8,234 shares of company stock valued at $1,334,108 over the last 90 days. 15.83% of the stock is owned by company insiders.

About Odyssean Investment Trust

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio.

Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250.