Hargreave Hale AIM VCT (LON:HHV) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Key Points

• Hargreave Hale AIM VCT shares have fallen below their fifty-day moving average, trading at GBX 32.25 ($0.43), which is lower than the average of GBX 32.96.
• The company, with a market cap of £121.40 million, reported a negative PE ratio of -18.44 and a return on equity of -4.34% in its latest quarterly earnings.
• In a recent insider transaction, Justin Ward purchased 739 shares at an average price of GBX 35, indicating confidence in the stock despite its recent decline.

Hargreave Hale AIM VCT (LON:HHV - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 32.96 ($0.45) and traded as low as GBX 32.25 ($0.44). Hargreave Hale AIM VCT shares last traded at GBX 32.25 ($0.44), with a volume of 393,337 shares trading hands.

Hargreave Hale AIM VCT Stock Down 2.9%

The company's 50-day moving average is GBX 32.90 and its 200-day moving average is GBX 33.23. The stock has a market cap of £117.93 million, a price-to-earnings ratio of -17.92 and a beta of 0.38.

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 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 bought 739 shares of Hargreave Hale AIM VCT stock in a transaction on Friday, July 25th. The shares were purchased at an average price of GBX 35 per share, for a total transaction of £258.65. 0.20% of the stock is currently owned by company insiders.

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.