Albion Enterprise VCT (LON:AAEV) Share Price Crosses Below Fifty Day Moving Average - Should You Sell?

Key Points

• Albion Enterprise VCT's stock price dropped below its 50-day moving average of GBX 109.71, trading at a low of GBX 107.50 during Monday's session.
• The company reported a net margin of 1,726.26% and a return on equity of 85.97% in its latest quarterly earnings.
• Albion Enterprise VCT primarily invests in early and growth stage companies in sectors like information technology and healthcare technology, excluding property and agriculture related investments.

Albion Enterprise VCT (LON:AAEV - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 109.71 ($1.49) and traded as low as GBX 107.50 ($1.46). Albion Enterprise VCT shares last traded at GBX 110 ($1.49), with a volume of 2 shares trading hands.

Albion Enterprise VCT Price Performance

The firm's fifty day moving average price is GBX 109.65 and its two-hundred day moving average price is GBX 109.55. The stock has a market cap of £235.67 million, a P/E ratio of 0.93 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The company reported GBX 0.76 ($0.01) earnings per share (EPS) 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

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.