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Albion Technology & Gen VCT (LON:AATG) Stock Passes Below 50 Day Moving Average - Here's Why

Albion Technology & Gen VCT logo with Financial Services background

Key Points

  • Albion Technology & Gen VCT (LON:AATG) shares fell below their 50-day moving average of GBX 68.08, trading at GBX 66 ($0.89), reflecting a 3.6% decrease.
  • The company's market cap stands at £250.83 million with a remarkable PE ratio of 1,112.98, indicating potentially overvalued stock relative to earnings.
  • Albion Technology & Gen VCT specializes in investing in sectors like health tech and fintech, while avoiding properties, banking, and agriculture-related investments.
  • Five stocks we like better than Albion Technology & Gen VCT.

Albion Technology & Gen VCT (LON:AATG - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 68.08 ($0.92) and traded as low as GBX 66 ($0.89). Albion Technology & Gen VCT shares last traded at GBX 66 ($0.89), with a volume of 4,004 shares trading hands.

Albion Technology & Gen VCT Stock Performance

The firm has a market cap of £260.33 million and a P/E ratio of 1,155.14. The stock's 50 day simple moving average is GBX 68.01 and its 200 day simple moving average is GBX 68.59.

Albion Technology & Gen VCT Company Profile

(Get Free Report)

Albion Technology & General VCT PLC is a venture Capital Trust specialize in early stage and growth stage investments.it prefer to invest in health tech, digital risk, Data and artificial intelligence, fintech and information technology related sector companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture.

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