Odyssean Investment Trust (LON:OIT) Stock Price Down 0.5% - Here's What Happened

Key Points

• Price and volume move: Odyssean fell about 0.5% to GBX 178.86 (low GBX 178) with trading volume jumping to 467,112 shares, a 157% increase versus the average.
• Insiders buying: Richard King bought 2,790 shares at GBX 169 (Jan 5) and Peter Hewitt bought 5,000 shares at GBX 183 (Feb 18); insiders now hold 1.08% of the stock.
• Valuation and technicals: Market cap is £246.21m, P/E is negative (-57.70), beta is 1.04, and the 50‑day/200‑day SMAs are GBX 180.68 and GBX 169.54 respectively.

Odyssean Investment Trust (LON:OIT - )'s stock price was down 0.5% during mid-day trading on Friday . The company traded as low as GBX 178 and last traded at GBX 178.86. Approximately 467,112 shares traded hands during mid-day trading, an increase of 157% from the average daily volume of 181,988 shares. The stock had previously closed at GBX 179.75.

Odyssean Investment Trust Stock Down 0.5%

The stock has a market capitalization of £246.21 million, a price-to-earnings ratio of -57.70 and a beta of 1.04. The company has a 50 day simple moving average of GBX 180.68 and a 200-day simple moving average of GBX 169.54.

Insiders Place Their Bets

In related news, insider Richard King purchased 2,790 shares of Odyssean Investment Trust stock in a transaction on Monday, January 5th. The stock was acquired at an average cost of GBX 169 per share, for a total transaction of £4,715.10. Also, insider Peter Hewitt acquired 5,000 shares of the company's stock in a transaction dated Wednesday, February 18th. The shares were bought at an average price of GBX 183 per share, for a total transaction of £9,150. Company insiders own 1.08% of the company's stock.

About Odyssean Investment Trust

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