Odyssean Investment Trust (LON:OIT) Stock Price Down 0.6% - What's Next?

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)'s stock price fell 0.6% during mid-day trading on Tuesday . The company traded as low as GBX 154.01 ($2.09) and last traded at GBX 157 ($2.13). 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 price-to-earnings ratio of -42.46 and a beta of 0.75. The stock has a 50-day moving average of GBX 158.95 and a 200-day moving average of GBX 146.29.

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

Insider Buying and Selling

In related news, insider Arabella Cecil purchased 3,134 shares of Odyssean Investment Trust stock in a transaction that occurred on Wednesday, July 9th. The shares were acquired at an average price of GBX 162 ($2.20) per share, with a total value of £5,077.08 ($6,881.38). Also, insider Peter Hewitt bought 5,000 shares of Odyssean Investment Trust stock in a transaction on Wednesday, August 13th. The stock was acquired at an average cost of GBX 155 ($2.10) per share, for a total transaction of £7,750 ($10,504.20). Insiders have purchased 13,234 shares of company stock valued at $2,109,108 over the last 90 days. 15.83% of the stock is owned by corporate insiders.

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.