Octopus AIM VCT (LON:OOA) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Octopus AIM VCT (LON:OOAGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 38.71 and traded as high as GBX 39.80. Octopus AIM VCT shares last traded at GBX 37.50, with a volume of 13,062 shares changing hands.

Octopus AIM VCT Trading Down 5.8%

The stock has a 50-day simple moving average of GBX 38.71 and a 200-day simple moving average of GBX 42.98. The company has a market capitalization of £93.96 million, a price-to-earnings ratio of -8.72 and a beta of 0.50.

Insider Activity at Octopus AIM VCT

In other news, insider David Docherty purchased 21,804 shares of the company’s stock in a transaction that occurred 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 Andrew Norman Boteler 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 cost of GBX 49 per share, for a total transaction of £10,683.96. Corporate insiders own 0.21% of the company’s stock.

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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