Alliance Witan (LON:ALW) Trading Down 0.3% - Here's What Happened

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.

Shares of Alliance Witan (LON:ALW - Get Free Report) dropped 0.3% during trading on Wednesday . The company traded as low as GBX 1,244 ($16.98) and last traded at GBX 1,250 ($17.06). Approximately 698,519 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 572,413 shares. The stock had previously closed at GBX 1,254 ($17.12).

Alliance Witan Price Performance

The business's 50 day moving average price is GBX 1,257.54 and its 200 day moving average price is GBX 1,204.96. The stock has a market capitalization of £4.88 billion and a P/E ratio of 3,411.77.

Insider Buying and Selling

In related news, insider Shauna Bevan bought 1,300 shares of the firm's stock in a transaction on Friday, June 20th. The stock was acquired at an average cost of GBX 1,203 per share, for a total transaction of £15,639. Company 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.