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Albion Enterprise VCT (LON:AAEV) Stock Price Passes Below 50-Day Moving Average - Here's Why

Albion Enterprise VCT logo with Financial Services background

Key Points

  • Albion Enterprise VCT's stock price has fallen below its 50-day moving average, trading as low as GBX 105 ($1.40) against an average of GBX 106.88 ($1.42).
  • The company has reported a market capitalization of £249.98 million and a remarkably high price-to-earnings ratio of 1,063.83.
  • Albion Enterprise VCT is a **venture capital trust** focused on early and growth stage investments, particularly in IT, healthcare technology, and fintech sectors.
  • Interested in Albion Enterprise VCT? Here are five stocks we like better.

Albion Enterprise VCT (LON:AAEV - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 106.88 ($1.42) and traded as low as GBX 105 ($1.40). Albion Enterprise VCT shares last traded at GBX 105 ($1.40), with a volume of 1 shares trading hands.

Albion Enterprise VCT Stock Down 2.3%

The stock has a market capitalization of £249.98 million, a price-to-earnings ratio of 1,063.83 and a beta of 0.03. The firm has a 50-day moving average of GBX 106.88 and a two-hundred day moving average of GBX 108.76.

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

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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