Octopus AIM VCT (LON:OOA) Hits New 12-Month Low - Here's Why

Key Points

• Octopus AIM VCT hit a new 52-week low, trading as low as GBX 36.40 (last at GBX 36.74) on a volume of 17,574 shares, well below its 50-day (GBX 43.85) and 200-day (GBX 44.93) moving averages.
• Insiders David Docherty and Andrew Norman Boteler each purchased 21,804 shares at GBX 49 on March 9, with insiders owning just 0.18% of the stock, indicating modest insider buying despite the decline.
• Octopus AIM VCT is a venture capital trust focused on AIM/OFEX companies, with a market capitalization of £84.3 million and a negative PE of -8.54, reflecting current losses.

Octopus AIM VCT (LON:OOA - )'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 36.40 and last traded at GBX 36.74, with a volume of 17574 shares traded. The stock had previously closed at GBX 37.80.

Octopus AIM VCT Stock Performance

The business's 50-day moving average is GBX 43.85 and its 200-day moving average is GBX 44.93. The company has a market capitalization of £84.30 million, a PE ratio of -8.54 and a beta of 0.50.

Insider Activity at Octopus AIM VCT

In related news, insider David Docherty purchased 21,804 shares of the company's stock in a transaction dated Monday, March 9th. The shares were purchased at an average cost of GBX 49 per share, with a total value of £10,683.96. Also, insider Andrew Norman Boteler purchased 21,804 shares of the company's stock in a transaction dated Monday, March 9th. The stock was bought at an average cost of GBX 49 per share, for a total transaction of £10,683.96. 0.18% of the stock is currently owned by company insiders.

About Octopus AIM VCT

Octopus AIM VCT PLC is a venture capital trust specializing in investments in AIM or PLUS quoted companies. The fund seeks to allocate approximately 80 percent of its funds to qualifying investments in companies quoted on AIM or OFEX and the balance of 20 percent to non-qualifying Investments.

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