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Albion Enterprise VCT (LON:AAEV) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Albion Enterprise VCT logo with Financial Services background

Albion Enterprise VCT (LON:AAEV - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 109.66 ($1.46) and traded as high as GBX 112 ($1.50). Albion Enterprise VCT shares last traded at GBX 112 ($1.50), with a volume of 457 shares changing hands.

Albion Enterprise VCT Stock Performance

The firm has a market cap of £251.38 million, a price-to-earnings ratio of 1.00 and a beta of 0.03. The company has a 50 day moving average price of GBX 109.66 and a 200 day moving average price of GBX 110.92.

Albion Enterprise VCT Cuts Dividend

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

Insider Buying and Selling

In other Albion Enterprise VCT news, insider Lord O’Shaughnessy bought 164,512 shares of the business's stock in a transaction that occurred on Friday, March 21st. The shares were purchased at an average cost of GBX 119 ($1.59) per share, with a total value of £195,769.28 ($261,409.11). 0.94% of the stock is owned by corporate insiders.

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

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