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

Key Points

• Octopus AIM VCT's stock fell below its 50-day moving average, trading as low as GBX 39.50 and last at GBX 39.90 versus the 50-day MA of GBX 40.34, on volume of 241,070 shares.
• Insiders purchased shares on March 9 — David Docherty and Andrew Norman Boteler each bought 21,804 shares at GBX 49 — while corporate insiders collectively own 0.21% of the stock.
• The fund has a market cap of £97.78 million, a 200-day moving average of GBX 43.72 and a negative P/E of -9.28, reflecting its smaller size and reported losses.

Octopus AIM VCT (LON:OOA - )'s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 40.34 and traded as low as GBX 39.50. Octopus AIM VCT shares last traded at GBX 39.90, with a volume of 241,070 shares changing hands.

Octopus AIM VCT Stock Performance

The company's 50 day moving average price is GBX 40.34 and its 200 day moving average price is GBX 43.72. The company has a market cap of £97.78 million, a price-to-earnings ratio of -9.28 and a beta of 0.50.

Insider Activity

In related news, insider David Docherty purchased 21,804 shares of Octopus AIM VCT stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average price of GBX 49 per share, for a total transaction of £10,683.96. Also, insider Andrew Norman Boteler purchased 21,804 shares of Octopus AIM VCT stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average price of GBX 49 per share, for a total transaction of £10,683.96. 0.21% of the stock is owned by corporate insiders.

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.

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