Odyssean Investment Trust (LON:OIT) Hits New 52-Week Low – Here’s What Happened

Shares of Odyssean Investment Trust (LON:OIT) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 134 ($1.73) and last traded at GBX 134.98 ($1.74), with a volume of 345101 shares. The stock had previously closed at GBX 135.50 ($1.74).

Odyssean Investment Trust Trading Down 0.4 %

The stock has a market capitalization of £180.85 million, a PE ratio of -37.33 and a beta of 0.75. The business has a fifty day moving average price of GBX 147.15 and a 200-day moving average price of GBX 155.19.

Insider Buying and Selling

In related news, insider Arabella Cecil purchased 3,397 shares of Odyssean Investment Trust stock in a transaction that occurred on Friday, January 10th. The shares were acquired at an average cost of GBX 150 ($1.93) per share, for a total transaction of £5,095.50 ($6,560.45). Also, insider Richard King acquired 3,200 shares of the stock in a transaction on Monday, March 24th. The stock was bought at an average price of GBX 138 ($1.78) per share, with a total value of £4,416 ($5,685.59). Insiders bought 9,452 shares of company stock worth $1,387,965 in the last quarter. 15.83% of the stock is owned by 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.