Hargreave Hale AIM VCT (LON:HHV) Reaches New 12-Month Low – Time to Sell?

Hargreave Hale AIM VCT (LON:HHV) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 32.50 ($0.42) and last traded at GBX 34 ($0.44), with a volume of 13 shares traded. The stock had previously closed at GBX 33.40 ($0.43).

Hargreave Hale AIM VCT Stock Performance

The company has a market capitalization of £124.33 million, a price-to-earnings ratio of -18.89 and a beta of 0.38. The company has a 50-day moving average price of GBX 34.21 and a 200-day moving average price of GBX 36.17.

Hargreave Hale AIM VCT Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 2nd were paid a GBX 2.75 ($0.04) dividend. This represents a yield of 7.16%. The ex-dividend date of this dividend was Thursday, January 2nd. This is an increase from Hargreave Hale AIM VCT’s previous dividend of $2.50. Hargreave Hale AIM VCT’s dividend payout ratio is presently -166.65%.

Insiders Place Their Bets

In other Hargreave Hale AIM VCT news, insider Oliver Bedford purchased 69,462 shares of the stock in a transaction on Tuesday, April 1st. The stock was bought at an average cost of GBX 36 ($0.47) per share, for a total transaction of £25,006.32 ($32,458.88). Company insiders own 0.20% of the company’s stock.

About Hargreave Hale AIM VCT

Hargreave Hale AIM VCT 1 plc is a venture capital trust specializing in United Kingdom based companies; primarily trading on AIM.