Free Trial

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

Albion Enterprise VCT logo with Financial Services background

Albion Enterprise VCT (LON:AAEV - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 109.54 ($1.47) and traded as high as GBX 113 ($1.52). Albion Enterprise VCT shares last traded at GBX 113 ($1.52), with a volume of 24,971 shares trading hands.

Albion Enterprise VCT Trading Up 2.3 %

The stock has a market cap of £253.62 million, a PE ratio of 1.01 and a beta of 0.03. The business has a 50-day moving average price of GBX 109.54 and a 200-day moving average price of GBX 111.09.

Albion Enterprise VCT Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 6th were given a dividend of GBX 3.28 ($0.04) per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a dividend yield of 2.89%. Albion Enterprise VCT's dividend payout ratio (DPR) is 5.34%.

Insider Activity

In other news, insider Lord O’Shaughnessy acquired 164,512 shares of the firm's stock in a transaction on Friday, March 21st. The shares were bought at an average price of GBX 119 ($1.60) per share, for a total transaction of £195,769.28 ($263,024.69). Insiders own 0.94% of the company's stock.

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.

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.

Should You Invest $1,000 in Albion Enterprise VCT Right Now?

Before you consider Albion Enterprise VCT, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Albion Enterprise VCT wasn't on the list.

While Albion Enterprise VCT currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines