Odyssean Investment Trust (LON:OIT) Shares Down 0.6% - Here's What Happened

Key Points

• Odyssean Investment Trust (LON:OIT) shares fell by 0.6%, trading between GBX 154.01 and GBX 157 with a total trading volume declining 29% from the average.
• The company reported a negative EPS of GBX (0.40) for the quarter and has a PE ratio of -43.43 alongside a market cap of £210.35 million.
• Insiders have purchased 8,234 shares valued at $1,334,108 over the past ninety days, indicating confidence from company executives.

Odyssean Investment Trust (LON:OIT - Get Free Report) fell 0.6% during mid-day trading on Tuesday . The stock traded as low as GBX 154.01 ($2.08) and last traded at GBX 157 ($2.12). 144,784 shares were traded during trading, a decline of 29% from the average session volume of 204,665 shares. The stock had previously closed at GBX 158 ($2.14).

Odyssean Investment Trust Price Performance

The firm has a market cap of £205.66 million, a P/E ratio of -42.46 and a beta of 0.75. The firm's 50 day moving average is GBX 158.92 and its 200 day moving average is GBX 146.37.

Odyssean Investment Trust (LON:OIT - Get Free Report) last issued its 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%.

Insider Activity at Odyssean Investment Trust

In related news, insider Richard King acquired 2,600 shares of the stock in a transaction that occurred on Friday, June 27th. The shares were bought at an average price of GBX 164 ($2.22) per share, for a total transaction of £4,264 ($5,769.18). Also, insider Peter Hewitt acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average price of GBX 155 ($2.10) per share, for a total transaction of £7,750 ($10,485.73). Insiders have purchased a total of 13,234 shares of company stock worth $2,109,108 over the last quarter. Company insiders own 15.83% of the company's stock.

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.