Octopus AIM VCT (LON:OOA) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Shares of Octopus AIM VCT (LON:OOAGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 39.43 and traded as high as GBX 39.60. Octopus AIM VCT shares last traded at GBX 39.60, with a volume of 0 shares changing hands.

Octopus AIM VCT Price Performance

The company has a market cap of £98.22 million, a price-to-earnings ratio of -9.12 and a beta of 0.50. The company’s 50-day moving average is GBX 39.43 and its 200 day moving average is GBX 43.30.

Insider Buying and Selling at Octopus AIM VCT

In other news, insider Andrew Norman Boteler purchased 21,804 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average price of GBX 49 per share, for a total transaction of £10,683.96. Also, insider David Docherty purchased 21,804 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were purchased at an average price of GBX 49 per share, for a total transaction of £10,683.96. 0.21% of the stock is currently owned by company 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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