Alliance Witan (LON:ALW) Shares Down 0.3% - Here's Why

Key Points

• Alliance Witan's shares fell by 0.3%, trading at GBX 1,250 ($16.92) after reaching a low of GBX 1,244 ($16.84).
• The company has a market capitalization of £4.90 billion and an exceptionally high price-to-earnings ratio of 3,428.41.
• Insider Shauna Bevan purchased 1,300 shares at an average cost of GBX 1,203 each, totaling £15,639.

Alliance Witan (LON:ALW - )'s stock price traded down 0.3% during mid-day trading on Wednesday . The stock traded as low as GBX 1,244 ($16.84) and last traded at GBX 1,250 ($16.92). 698,519 shares were traded during mid-day trading, an increase of 22% from the average session volume of 572,413 shares. The stock had previously closed at GBX 1,254 ($16.97).

Alliance Witan Price Performance

The company has a market capitalization of £4.90 billion and a price-to-earnings ratio of 3,428.41. The business has a fifty day moving average price of GBX 1,256.59 and a 200 day moving average price of GBX 1,206.04.

Insider Buying and Selling

In related news, insider Shauna Bevan purchased 1,300 shares of the company's stock in a transaction on Friday, June 20th. The shares were bought at an average cost of GBX 1,203 per share, for a total transaction of £15,639. Insiders own 0.66% of the company's stock.

Alliance Witan Company Profile

Success in investment means having the conviction to seek out the best opportunities. Alliance Witan PLC is an investment trust providing investors with a unique global equity portfolio at a competitive cost. We offer you the opportunity to invest in a portfolio managed by 11 of the world's leading global equity managers, each responsible for choosing only their best investment ideas. Past performance is not a reliable indicator of future returns.

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