Albion Enterprise VCT (LON:AAEV) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Albion Enterprise VCT (LON:AAEV)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 107.25 and traded as high as GBX 107.50. Albion Enterprise VCT shares last traded at GBX 105, with a volume of 0 shares changing hands.

Albion Enterprise VCT Price Performance

The stock has a market cap of £264.35 million, a P/E ratio of 145.83 and a beta of 0.03. The stock’s 50-day moving average is GBX 107.20 and its two-hundred day moving average is GBX 107.54.

Albion Enterprise VCT (LON:AAEV) last announced its quarterly earnings results on Thursday, December 4th. The company reported GBX 0.43 earnings per share (EPS) for the quarter. Albion Enterprise VCT had a net margin of 1,726.26% and a return on equity of 85.97%.

Insider Buying and Selling

In other news, insider Christopher Burrows purchased 5,163 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was bought at an average cost of GBX 116 per share, with a total value of £5,989.08. Also, insider Ben Larkin purchased 43,025 shares of the business’s stock in a transaction on Friday, December 19th. The shares were purchased at an average price of GBX 116 per share, with a total value of £49,909. Over the last three months, insiders have bought 59,466 shares of company stock worth $6,891,102. Corporate insiders own 0.85% of the company’s stock.

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. The fund invests in smaller unquoted companies based in the United Kingdom and invests in shares or securities including loans with a five year or greater maturity period.