Invesco Perpetual UK Smaller (LON:IPU) Shares Pass Below Fifty Day Moving Average – Here’s Why

Shares of Invesco Perpetual UK Smaller (LON:IPU) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 393.84 ($4.79) and traded as low as GBX 370.36 ($4.51). Invesco Perpetual UK Smaller shares last traded at GBX 376 ($4.57), with a volume of 28,410 shares changing hands.

Invesco Perpetual UK Smaller Stock Performance

The company has a current ratio of 0.10, a quick ratio of 22.10 and a debt-to-equity ratio of 5.42. The firm has a market capitalization of £128.55 million, a price-to-earnings ratio of -1,727.27 and a beta of 1.03. The company has a 50-day moving average of GBX 392.02 and a 200-day moving average of GBX 419.13.

Insider Activity at Invesco Perpetual UK Smaller

In related news, insider Bridget Guerin bought 6,419 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were purchased at an average cost of GBX 387 ($4.71) per share, with a total value of £24,841.53 ($30,224.52). Also, insider Mike Prentis bought 5,161 shares of the company’s stock in a transaction on Tuesday, January 7th. The stock was bought at an average cost of GBX 385 ($4.68) per share, for a total transaction of £19,869.85 ($24,175.51). Corporate insiders own 4.73% of the company’s stock.

Invesco Perpetual UK Smaller Company Profile

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.