Odyssean Investment Trust (LON:OIT) Trading Down 1.3% - Time to Sell?

Key Points

• Odyssean Investment Trust shares fell by 1.3% to GBX 150 ($2.02) during trading, with a notable 54% decline in trading volume compared to the average.
• Insider purchases included 5,000 shares by Peter Hewitt and 3,134 shares by Arabella Cecil, with corporate insiders acquiring a total of 13,234 shares worth over £2 million in the last ninety days.
• The company, focused on smaller companies typically excluded from the FTSE 250, has a market capitalization of £200.92 million and a P/E ratio of -824.18.

Odyssean Investment Trust (LON:OIT - Get Free Report)'s share price traded down 1.3% on Wednesday . The stock traded as low as GBX 150 ($2.03) and last traded at GBX 150 ($2.03). 92,739 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 202,567 shares. The stock had previously closed at GBX 152 ($2.05).

Odyssean Investment Trust Trading Up 0.7%

The stock has a market capitalization of £205.60 million, a PE ratio of -843.41 and a beta of 0.75. The company has a 50 day simple moving average of GBX 157.99 and a 200 day simple moving average of GBX 146.22.

Insider Buying and Selling

In other Odyssean Investment Trust news, insider Richard King acquired 2,600 shares of the firm's stock in a transaction dated Friday, June 27th. The shares were acquired at an average price of GBX 164 per share, for a total transaction of £4,264. Also, insider Arabella Cecil bought 3,134 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The stock was purchased at an average cost of GBX 162 per share, for a total transaction of £5,077.08. Insiders have bought a total of 13,234 shares of company stock worth $2,109,108 in the last quarter. Company insiders own 0.96% of the company's stock.

Odyssean Investment Trust Company Profile

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.