Hargreave Hale AIM VCT (LON:HHV) Shares Pass Below 50 Day Moving Average - What's Next?

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.

Shares of Hargreave Hale AIM VCT (LON:HHV - Get Free Report) passed 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 changing hands.

Hargreave Hale AIM VCT Trading Down 3.0%

The stock has a market cap of £118.33 million, a P/E ratio of -789.58 and a beta of 0.38. The stock's fifty day moving average price is GBX 32.71 and its 200 day moving average price is GBX 33.05.

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

Insider Activity at Hargreave Hale AIM VCT

In related news, insider Justin Ward purchased 739 shares of the stock in a transaction dated Friday, July 25th. The stock was purchased at an average price of GBX 35 per share, with a total value of £258.65. Company insiders own 0.30% of the company's stock.

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.

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