Hargreave Hale AIM VCT (LON:HHV) Shares Pass Below Fifty Day Moving Average - Here's What Happened

Key Points

• Hargreave Hale AIM VCT's stock has recently fallen below its 50-day moving average of GBX 32.83, currently trading at GBX 32.10 ($0.43) with a 2.4% decline.
• The company reported a negative return on equity of 4.34% despite having a net margin of 264.25% and a PE ratio of -796.53.
• Insider Justin Ward purchased 739 shares at an average price of GBX 35, indicating ongoing confidence from company insiders as they own 0.30% of the stock.

Shares of Hargreave Hale AIM VCT (LON:HHV - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 32.83 ($0.44) and traded as low as GBX 32.10 ($0.43). Hargreave Hale AIM VCT shares last traded at GBX 32.10 ($0.43), with a volume of 27,759 shares changing hands.

Hargreave Hale AIM VCT Stock Up 0.0%

The business's fifty day simple moving average is GBX 32.78 and its two-hundred day simple moving average is GBX 33.09. The company has a market cap of £119.45 million, a price-to-earnings ratio of -797.10 and a beta of 0.38.

Hargreave Hale AIM VCT (LON:HHV - Get Free Report) last released its quarterly earnings data on Thursday, June 19th. The company reported GBX 0.07 earnings per share 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

In other news, insider Justin Ward purchased 739 shares of the firm's stock in a transaction on Friday, July 25th. The shares were bought at an average cost of GBX 35 per share, with a total value of £258.65. 0.30% of the stock is 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.