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Schroders Capital Global Innovation Trust plc - INOV (LON:INOV) Shares Up 2.7% - Still a Buy?

Schroders Capital Global Innovation Trust plc - INOV logo with Finance background
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Key Points

Schroders Capital Global Innovation Trust plc - INOV (LON:INOV - Get Free Report) shares shot up 2.7% during mid-day trading on Tuesday. The stock traded as high as GBX 14.84 and last traded at GBX 14.84. 553,084 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 619,041 shares. The stock had previously closed at GBX 14.45.

Schroders Capital Global Innovation Trust plc - INOV Price Performance

The company has a market cap of £75.86 million, a price-to-earnings ratio of 13.02 and a beta of 0.54. The business has a 50 day simple moving average of GBX 16.34 and a 200 day simple moving average of GBX 15.75.

Schroders Capital Global Innovation Trust plc - INOV (LON:INOV - Get Free Report) last announced its earnings results on Wednesday, September 16th. The company reported GBX (0.12) EPS for the quarter.

Insider Activity

In related news, insider Stephen Cohen sold 12,162 shares of the company's stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of GBX 22, for a total transaction of £2,675.64. Also, insider Tim Edwards sold 32,312 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of GBX 22, for a total transaction of £7,108.64. 0.27% of the stock is owned by corporate insiders.

Schroders Capital Global Innovation Trust plc - INOV Company Profile

(Get Free Report)

Schroder UK Public Private Trust plc specializes in investments in startups, midsize, middle market and large stage, early stage and mature stage investments. The fund primarily invests in the healthcare, financials, industrials, technology, consumer goods, telecommunications, basic materials, and biotechnology sector. It seeks to invest in quoted and unquoted companies. It primarily invests in companies incorporated in the United Kingdom or traded on a London Stock Exchange market but can invest in Europe, United States and Asia other countries.

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