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Albion Enterprise VCT (LON:AAEV) Share Price Crosses Above 50 Day Moving Average - What's Next?

Albion Enterprise VCT logo with Financial Services background

Key Points

  • Albion Enterprise VCT's stock price has recently crossed above its 50-day moving average of GBX 109.37, reaching a high of GBX 110.50 during trading.
  • The company reported a significant net margin of 1,726.26% and a return on equity of 85.97% in its latest quarterly earnings.
  • Albion Enterprise VCT specializes in early and growth stage investments in sectors including technology, healthcare, and fintech, while avoiding investments in property and banking.
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Albion Enterprise VCT (LON:AAEV - Get Free Report)'s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 109.37 ($1.48) and traded as high as GBX 110.50 ($1.49). Albion Enterprise VCT shares last traded at GBX 108 ($1.46), with a volume of 6,096 shares changing hands.

Albion Enterprise VCT Stock Performance

The firm's 50-day moving average is GBX 109.37 and its two-hundred day moving average is GBX 109.85. The stock has a market cap of £242.40 million, a P/E ratio of 0.96 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported GBX 0.76 ($0.01) earnings per share for the quarter. Albion Enterprise VCT had a net margin of 1,726.26% and a return on equity of 85.97%.

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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