Octopus AIM VCT (LON:OOA) Stock Passes Below 50 Day Moving Average - What's Next?

Key Points

• Octopus AIM VCT (LON:OOA) shares fell below their 50-day moving average of GBX 46.28, trading as low as GBX 44.50 ($0.60).
• The stock's price is down 4.5% with a market capitalization of £104.43 million and a P/E ratio of -1,534.48.
• Recent quarterly results showed earnings per share of GBX 0.50, with a return on equity of 0.61% and a net margin of 21.28%.

Shares of Octopus AIM VCT (LON:OOA - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 46.28 ($0.63) and traded as low as GBX 44.50 ($0.60). Octopus AIM VCT shares last traded at GBX 44.50 ($0.60), with a volume of 2,578 shares trading hands.

Octopus AIM VCT Stock Down 4.5%

The company's 50 day moving average price is GBX 46.28 and its 200-day moving average price is GBX 46.66. The stock has a market cap of £104.43 million, a P/E ratio of -1,534.48 and a beta of 0.50.

Octopus AIM VCT (LON:OOA - Get Free Report) last posted its quarterly earnings data on Friday, June 20th. The company reported GBX 0.50 earnings per share for the quarter. Octopus AIM VCT had a return on equity of 0.61% and a net margin of 21.28%.

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.

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.