Investment (LON:INV) Reaches New 52-Week Low – What’s Next?

The Investment Company plc (LON:INV) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 67 ($0.87) and last traded at GBX 67.48 ($0.87), with a volume of 474 shares trading hands. The stock had previously closed at GBX 335 ($4.33).

Investment Price Performance

The business’s 50 day moving average price is GBX 346.35 and its 200 day moving average price is GBX 364.50. The stock has a market capitalization of £1.23 million, a P/E ratio of 1.21 and a beta of 0.28.

Investment (LON:INV) last released its quarterly earnings results on Monday, February 17th. The company reported GBX (0.81) (($0.01)) earnings per share (EPS) for the quarter. Investment had a return on equity of 14.48% and a net margin of 83.35%.

Insider Activity

In related news, insider Martin Henry Withers Perrin acquired 4,000 shares of Investment stock in a transaction dated Monday, February 17th. The stock was purchased at an average cost of GBX 358 ($4.63) per share, for a total transaction of £14,320 ($18,522.83). Insiders own 58.23% of the company’s stock.

Investment Company Profile

The Investment Company plc is a small registered, self-managed closed-ended balanced fund. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The fund is managed by Chelverton Asset Management Limited.