Hargreave Hale AIM VCT (LON:HHV) Share Price Crosses Below Fifty Day Moving Average - Time to Sell?

Key Points

• Hargreave Hale AIM VCT shares dipped below their 50-day moving average of GBX 32.71, trading at GBX 31.82 ($0.43) with a 3.0% decrease.
• The company reported a net margin of 264.25% but has a negative return on equity of -4.34%, indicating ongoing financial challenges.
• Insider Justin Ward purchased 739 shares of Hargreave Hale AIM VCT at an average price of GBX 35, suggesting confidence from company insiders.

Hargreave Hale AIM VCT (LON:HHV - Get Free Report)'s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 32.71 ($0.44) and traded as low as GBX 31.82 ($0.43). Hargreave Hale AIM VCT shares last traded at GBX 31.82 ($0.43), with a volume of 29,574 shares traded.

Hargreave Hale AIM VCT Stock Down 2.9%

The firm has a market cap of £118.48 million, a P/E ratio of -790.57 and a beta of 0.38. The business has a fifty day moving average of GBX 32.65 and a 200 day moving average of GBX 32.97.

Hargreave Hale AIM VCT (LON:HHV - Get Free Report) last issued its quarterly earnings data on Thursday, June 19th. The company reported GBX 0.07 earnings per share (EPS) for the quarter. Hargreave Hale AIM VCT had a negative return on equity of 4.34% and a net margin of 264.25%.

Insider Activity

In other news, insider Justin Ward acquired 739 shares of Hargreave Hale AIM VCT stock in a transaction dated Friday, July 25th. The stock was bought at an average price of GBX 35 per share, for a total transaction of £258.65. 0.30% of the stock is currently owned by corporate insiders.

Hargreave Hale AIM VCT Company Profile

Hargreave Hale AIM VCT 1 plc is a venture capital trust specializing in United Kingdom based companies; primarily trading on AIM.