Odyssean Investment Trust (LON:OIT) Hits New 12-Month High – Time to Buy?

Odyssean Investment Trust (LON:OIT)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 184.95 and last traded at GBX 182, with a volume of 188328 shares changing hands. The stock had previously closed at GBX 179.50.

Odyssean Investment Trust Trading Up 1.4%

The stock has a market cap of £250.53 million, a PE ratio of -58.71 and a beta of 0.75. The business has a 50 day moving average of GBX 170.28 and a 200-day moving average of GBX 163.54.

Odyssean Investment Trust (LON:OIT) last issued its quarterly earnings data on Monday, December 1st. The company reported GBX (0.20) earnings per share for the quarter. Odyssean Investment Trust had a net margin of 186.18% and a negative return on equity of 2.33%.

Insiders Place Their Bets

In other Odyssean Investment Trust news, insider Indraneil (Neil) Mahapatra acquired 33,452 shares of the company’s stock in a transaction on Monday, December 1st. The shares were bought at an average cost of GBX 169 per share, for a total transaction of £56,533.88. Also, insider Peter Hewitt bought 10,000 shares of Odyssean Investment Trust stock in a transaction dated Monday, December 1st. The stock was acquired at an average cost of GBX 168 per share, with a total value of £16,800. In the last three months, insiders have acquired 56,342 shares of company stock valued at $9,501,698. Insiders own 0.97% of the company’s stock.

About Odyssean Investment Trust