Octopus AIM VCT (LON:OOA) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Key Points

• Octopus AIM VCT's stock passed below its 50-day moving average, trading as low as GBX 38.60 versus a 50-day MA of GBX 43.95 and a 200-day MA of GBX 44.97; the company has a market cap of £88.57m and a negative P/E of -8.98.
• Two insiders, David Docherty and Andrew Norman Boteler, each purchased 21,804 shares on March 9 at GBX 49 per share (above the current price), while insiders collectively own just 0.18% of the stock.

Octopus AIM VCT (LON:OOA - )'s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 43.95 and traded as low as GBX 38.60. Octopus AIM VCT shares last traded at GBX 38.60, with a volume of 0 shares.

Octopus AIM VCT Stock Performance

The company's fifty day moving average price is GBX 43.95 and its 200 day moving average price is GBX 44.97. The firm has a market capitalization of £88.57 million, a price-to-earnings ratio of -8.98 and a beta of 0.50.

Insider Transactions at Octopus AIM VCT

In related news, insider David Docherty bought 21,804 shares of the stock in a transaction dated Monday, March 9th. The stock was bought 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 shares were bought at an average price of GBX 49 per share, for a total transaction of £10,683.96. Company insiders own 0.18% of the company's stock.

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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