Odyssean Investment Trust (LON:OIT) Hits New 1-Year Low – Here’s Why

Odyssean Investment Trust (LON:OIT)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 145.64 ($1.78) and last traded at GBX 145.65 ($1.78), with a volume of 130620 shares traded. The stock had previously closed at GBX 146 ($1.79).

Odyssean Investment Trust Stock Up 1.7 %

The firm has a market cap of £185.44 million, a PE ratio of 2,533.33 and a beta of 0.75. The business has a 50-day moving average price of GBX 153.72 and a two-hundred day moving average price of GBX 164.25.

Insiders Place Their Bets

In other news, insider Arabella Cecil acquired 3,397 shares of the company’s stock in a transaction on Friday, January 10th. The shares were bought at an average cost of GBX 150 ($1.84) per share, with a total value of £5,095.50 ($6,234.55). Also, insider Richard King acquired 2,855 shares of Odyssean Investment Trust stock in a transaction dated Monday, January 6th. The stock was purchased at an average price of GBX 153 ($1.87) per share, for a total transaction of £4,368.15 ($5,344.61). 15.83% of the stock is owned by company 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.