Octopus AIM VCT (LON:OOA) Stock Crosses Below Fifty Day Moving Average - Here's What Happened

Key Points

• Octopus AIM VCT shares dropped below their 50-day moving average of GBX 46.35, trading at a low of GBX 44.80 during Monday's session.
• The stock's market capitalization is £105.13 million, with a significantly negative PE ratio of -1,544.83 indicating potential challenges in profitability.
• As a venture capital trust, Octopus AIM VCT invests primarily in companies listed on the AIM or OFEX markets, focusing 80% of its portfolio on qualifying investments.

Octopus AIM VCT (LON:OOA - ) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 46.35 ($0.62) and traded as low as GBX 44.80 ($0.60). Octopus AIM VCT shares last traded at GBX 44.80 ($0.60), with a volume of 3,651 shares traded.

Octopus AIM VCT Stock Performance

The stock has a market capitalization of £105.13 million, a PE ratio of -1,544.83 and a beta of 0.50. The stock's 50 day moving average is GBX 46.35 and its two-hundred day moving average is GBX 46.45.

Octopus AIM VCT Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.