Odyssean Investment Trust (LON:OIT) Shares Climb 2.1% – Should You Buy?

Odyssean Investment Trust (LON:OIT)’s stock price rose 2.1% during mid-day trading on Tuesday. The stock traded as high as GBX 240 and last traded at GBX 239. Approximately 386,034 shares traded hands during trading, an increase of 66% from the average daily volume of 232,911 shares. The stock had previously closed at GBX 234.

Odyssean Investment Trust Stock Performance

The company has a market capitalization of £349.85 million, a P/E ratio of 6.95 and a beta of 1.06. The stock has a 50 day moving average price of GBX 236.96 and a 200 day moving average price of GBX 209.49.

Insider Transactions at Odyssean Investment Trust

In other news, insider Richard King bought 1,970 shares of the stock in a transaction on Wednesday, September 30th. The stock was acquired at an average price of GBX 239 per share, with a total value of £4,708.30. 1.04% of the stock is currently owned by insiders.

Odyssean Investment Trust Company Profile

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio. Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250. Constructive corporate engagement will be a key part of Odyssean’s approach, drawing on the investment team’s lengthy and successful track record in this area. www.oitplc.com