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

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)'s share price 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.

Hargreave Hale AIM VCT Price Performance

The firm has a market cap of £120.09 million, a PE ratio of -800.25 and a beta of 0.38. The stock's fifty day moving average price is GBX 32.88 and its 200-day moving average price is GBX 33.19.

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

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