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Odyssean Investment Trust (LON:OIT) Stock Price Down 1% - Should You Sell?

Odyssean Investment Trust logo with background

Shares of Odyssean Investment Trust (LON:OIT - Get Free Report) traded down 1% during mid-day trading on Thursday . The stock traded as low as GBX 152.28 ($2.06) and last traded at GBX 154.50 ($2.09). 63,783 shares traded hands during trading, a decline of 69% from the average session volume of 206,207 shares. The stock had previously closed at GBX 156 ($2.11).

Odyssean Investment Trust Price Performance

The company's fifty day moving average is GBX 141.73 and its 200-day moving average is GBX 144.27. The company has a market capitalization of £198.96 million, a PE ratio of -41.07 and a beta of 0.75.

Odyssean Investment Trust (LON:OIT - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported GBX (0.40) (($0.01)) earnings per share (EPS) for the quarter. Odyssean Investment Trust had a negative return on equity of 2.33% and a net margin of 186.18%.

Insiders Place Their Bets

In other news, insider Arabella Cecil purchased 4,022 shares of the business's stock in a transaction on Wednesday, April 9th. The shares were acquired at an average cost of GBX 126 ($1.71) per share, with a total value of £5,067.72 ($6,861.25). Corporate insiders own 15.83% of the company's stock.

About Odyssean Investment Trust

(Get Free Report)

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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