Hargreave Hale AIM VCT (LON:HHV) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Hargreave Hale AIM VCT (LON:HHV) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 33 ($0.44) and traded as low as GBX 32 ($0.42). Hargreave Hale AIM VCT shares last traded at GBX 32 ($0.42), with a volume of 73,228 shares traded.

Hargreave Hale AIM VCT Stock Performance

The company has a market cap of £117.01 million, a PE ratio of -17.78 and a beta of 0.38. The stock has a 50 day moving average of GBX 33 and a 200-day moving average of GBX 35.25.

Hargreave Hale AIM VCT Increases Dividend

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

Insiders Place Their Bets

In related news, insider Oliver Bedford purchased 69,462 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were bought at an average cost of GBX 36 ($0.48) per share, with a total value of £25,006.32 ($33,173.68). 0.20% of the stock is owned by insiders.

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.