Albion Enterprise VCT (LON:AAEV) Share Price Passes Below 50-Day Moving Average – Here’s What Happened

Shares of Albion Enterprise VCT (LON:AAEV) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 107 and traded as low as GBX 105. Albion Enterprise VCT shares last traded at GBX 105, with a volume of 25 shares.

Albion Enterprise VCT Price Performance

The stock’s 50-day moving average is GBX 107 and its two-hundred day moving average is GBX 107.81. The company has a market cap of £249.98 million, a P/E ratio of 10.64 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV) last announced its earnings results on Thursday, December 4th. The company reported GBX 0.43 EPS for the quarter. Albion Enterprise VCT had a return on equity of 85.97% and a net margin of 1,726.26%.

Insider Buying and Selling at Albion Enterprise VCT

In other news, insider Ben Larkin purchased 43,025 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was purchased at an average cost of GBX 116 per share, with a total value of £49,909. Also, insider Rhodri Whitlock acquired 6,954 shares of Albion Enterprise VCT stock in a transaction that occurred on Friday, December 19th. The stock was purchased at an average cost of GBX 115 per share, for a total transaction of £7,997.10. Insiders have bought 59,466 shares of company stock worth $6,891,102 over the last quarter. Insiders own 0.85% 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.