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

Octopus AIM VCT logo with Financial Services background

Key Points

  • Octopus AIM VCT's shares have fallen below their 50-day moving average of GBX 46.84, currently trading at GBX 45.50.
  • The company has reported a net margin of 21.28% and a return on equity of 0.61% in its latest earnings announcement.
  • Octopus AIM VCT primarily invests about 80 percent of its funds into AIM or PLUS quoted companies, positioning itself as a venture capital trust.
  • Want stock alerts on Octopus AIM VCT? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Octopus AIM VCT (LON:OOA - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 46.84 ($0.63) and traded as low as GBX 45.50 ($0.61). Octopus AIM VCT shares last traded at GBX 45.50 ($0.61), with a volume of 163,893 shares.

Octopus AIM VCT Price Performance

The stock has a market capitalization of £106.62 million, a PE ratio of 124.58 and a beta of 0.50. The firm's 50 day simple moving average is GBX 46.77 and its 200 day simple moving average is GBX 46.79.

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

About Octopus AIM VCT

(Get Free Report)

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.

See Also

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