Octopus AIM VCT (LON:OOA) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Octopus AIM VCT (LON:OOAGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 38.32 and traded as high as GBX 39.80. Octopus AIM VCT shares last traded at GBX 37.20, with a volume of 9,000 shares trading hands.

Octopus AIM VCT Trading Down 6.5%

The company has a market capitalization of £92.88 million, a PE ratio of -8.65 and a beta of 0.50. The stock has a fifty day moving average of GBX 38.32 and a two-hundred day moving average of GBX 42.36.

Insider Buying and Selling

In related news, insider Andrew Norman Boteler purchased 21,804 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were acquired at an average cost of GBX 49 per share, with a total value of £10,683.96. Also, insider David Docherty purchased 21,804 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was bought at an average cost of GBX 49 per share, for a total transaction of £10,683.96. 0.19% of the stock is owned by insiders.

Octopus AIM VCT Company Profile

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Octopus AIM VCT PLC is a venture capital trust specializing in investments in AIM or PLUS quoted companies. The fund seeks to allocate approximately 80 percent of its funds to qualifying investments in companies quoted on AIM or OFEX and the balance of 20 percent to non-qualifying Investments.

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