Invesco Perpetual UK Smaller (LON:IPU) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Shares of Invesco Perpetual UK Smaller (LON:IPU) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 389.58 ($4.81) and traded as low as GBX 370 ($4.57). Invesco Perpetual UK Smaller shares last traded at GBX 370 ($4.57), with a volume of 40,698 shares.

Invesco Perpetual UK Smaller Stock Performance

The stock has a market cap of £127.20 million, a P/E ratio of -1,709.09 and a beta of 1.03. The company has a debt-to-equity ratio of 5.42, a current ratio of 0.10 and a quick ratio of 22.10. The stock’s 50 day simple moving average is GBX 389.58 and its two-hundred day simple moving average is GBX 417.61.

Insider Activity at Invesco Perpetual UK Smaller

In other Invesco Perpetual UK Smaller news, insider Bridget Guerin purchased 6,419 shares of the firm’s stock in a transaction dated Friday, January 3rd. The stock was bought at an average cost of GBX 387 ($4.78) per share, with a total value of £24,841.53 ($30,683.71). Also, insider Mike Prentis acquired 5,161 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was acquired at an average cost of GBX 385 ($4.76) per share, for a total transaction of £19,869.85 ($24,542.80). 4.73% of the stock is currently owned by insiders.

About Invesco Perpetual UK Smaller

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.