Hargreave Hale AIM VCT (LON:HHV) Stock Price Crosses Above Fifty Day Moving Average - Should You Sell?

Key Points

• Hargreave Hale AIM VCT's stock price has surpassed its 50-day moving average, trading at GBX 33.25 ($0.44) with a volume of 86,325 shares on Wednesday.
• The company has a market capitalization of £121.58 million and reported a negative price-to-earnings ratio of -18.47.
• Insider Justin Ward purchased 739 shares at an average cost of GBX 35 ($0.46), indicating confidence in the company as only 0.20% of the stock is held by insiders.

Shares of Hargreave Hale AIM VCT (LON:HHV - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 33.19 ($0.44) and traded as high as GBX 33.25 ($0.44). Hargreave Hale AIM VCT shares last traded at GBX 33.25 ($0.44), with a volume of 86,325 shares.

Hargreave Hale AIM VCT Trading Up 4.4%

The firm has a market capitalization of £123.89 million, a P/E ratio of -18.82 and a beta of 0.38. The business's fifty day moving average is GBX 33.16 and its 200 day moving average is GBX 33.52.

Hargreave Hale AIM VCT (LON:HHV - Get Free Report) last released its quarterly earnings results on Thursday, June 19th. The company reported GBX 0.07 ($0.00) earnings per share for the quarter. Hargreave Hale AIM VCT had a negative return on equity of 4.34% and a net margin of 264.25%.

Insider Buying and Selling

In related news, insider Justin Ward purchased 739 shares of the stock in a transaction dated Friday, July 25th. The shares were acquired at an average cost of GBX 35 ($0.46) per share, for a total transaction of £258.65 ($343.45). Insiders own 0.20% of the company's stock.

About Hargreave Hale AIM VCT

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