Odyssean Investment Trust (LON:OIT) Shares Down 1% - What's Next?

Key Points

• Odyssean Investment Trust (LON:OIT) shares were down by 1% during Thursday's trading, closing at GBX 156 ($2.08) after a trading volume increase of 168%.
• The company has a market cap of £208.95 million and a PE ratio of -857.14, indicating challenging profitability.
• Insider transactions included purchases totaling 13,234 shares valued at $2,109,108 within the last three months, suggesting potential confidence in the company's future.

Shares of Odyssean Investment Trust (LON:OIT - ) traded down 1% during trading on Thursday . The stock traded as low as GBX 156 ($2.08) and last traded at GBX 156 ($2.08). 544,809 shares were traded during mid-day trading, an increase of 168% from the average session volume of 203,615 shares. The stock had previously closed at GBX 157.50 ($2.10).

Odyssean Investment Trust Trading Down 1.0%

The company has a market cap of £208.95 million, a PE ratio of -857.14 and a beta of 0.75. The company's 50 day moving average is GBX 157.05 and its 200 day moving average is GBX 147.36.

Insider Activity

In other news, insider Arabella Cecil bought 3,134 shares of the business's stock in a transaction dated Wednesday, July 9th. The stock was purchased at an average cost of GBX 162 per share, with a total value of £5,077.08. Also, insider Richard King purchased 2,600 shares of the firm's stock in a transaction dated Friday, June 27th. The stock was acquired at an average cost of GBX 164 per share, for a total transaction of £4,264. Insiders bought a total of 13,234 shares of company stock valued at $2,109,108 in the last three months. 0.96% of the stock is currently owned by corporate insiders.

About Odyssean Investment Trust

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio. Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250.

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