Insider Buying: Albion Enterprise VCT (LON:AAEV) Insider Purchases 164,512 Shares of Stock

Albion Enterprise VCT (LON:AAEV) insider Lord O’Shaughnessy purchased 164,512 shares of the stock in a transaction dated Friday, March 21st. The shares were bought at an average price of GBX 119 ($1.54) per share, with a total value of £195,769.28 ($252,801.24).

Albion Enterprise VCT Trading Down 1.8 %

AAEV traded down GBX 2 ($0.03) on Monday, reaching GBX 108 ($1.39). The stock had a trading volume of 18,814 shares, compared to its average volume of 31,612. The company has a market capitalization of £242.40 million, a price-to-earnings ratio of 0.96 and a beta of 0.03. Albion Enterprise VCT has a fifty-two week low of GBX 104 ($1.34) and a fifty-two week high of GBX 128 ($1.65). The firm has a 50-day moving average of GBX 109.78 and a 200-day moving average of GBX 113.52.

Albion Enterprise VCT Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 6th were paid a GBX 3.28 ($0.04) dividend. This represents a dividend yield of 2.89%. The ex-dividend date was Thursday, February 6th. Albion Enterprise VCT’s dividend payout ratio is currently 5.34%.

About Albion Enterprise VCT

Albion Enterprise VCT PLC is a venture capital trust specializing in early and growth stage investments. It seeks to invest in the information technology, software, pharmaceutical services, leisure sector, healthcare technology and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture.