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Albion Enterprise VCT (LON:AAEV) Share Price Passes Above 50-Day Moving Average - Should You Sell?

Albion Enterprise VCT logo with Financial Services background

Key Points

  • Albion Enterprise VCT's share price exceeded its 50-day moving average on Friday, reaching GBX 110 ($1.46).
  • The company has a market capitalization of £241.28 million and reported a remarkable net margin of 1,726.26% in its latest earnings results.
  • Albion Enterprise VCT specializes in early and growth stage investments, focusing on sectors like information technology and healthcare technology.
  • MarketBeat previews top five stocks to own in September.

Albion Enterprise VCT (LON:AAEV - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 109.65 ($1.46) and traded as high as GBX 110 ($1.46). Albion Enterprise VCT shares last traded at GBX 110 ($1.46), with a volume of 843 shares traded.

Albion Enterprise VCT Price Performance

The firm has a market cap of £241.28 million, a PE ratio of 0.96 and a beta of 0.03. The company has a 50-day simple moving average of GBX 109.65 and a two-hundred day simple moving average of GBX 109.72.

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

Albion Enterprise VCT Company Profile

(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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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