Octopus AIM VCT (LON:OOA) Shares Pass Above 50 Day Moving Average – What’s Next?

Octopus AIM VCT (LON:OOAGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 38.32 and traded as high as GBX 39.80. Octopus AIM VCT shares last traded at GBX 37.20, with a volume of 9,000 shares trading hands.

Octopus AIM VCT Price Performance

The company has a market capitalization of £92.88 million, a price-to-earnings ratio of -8.65 and a beta of 0.50. The stock has a 50 day simple moving average of GBX 38.32 and a two-hundred day simple moving average of GBX 42.36.

Insiders Place Their Bets

In other Octopus AIM VCT news, insider David Docherty purchased 21,804 shares of the business’s stock in a transaction on Monday, March 9th. The shares were bought at an average cost of GBX 49 per share, for a total transaction of £10,683.96. Also, insider Andrew Norman Boteler purchased 21,804 shares of the business’s stock in a transaction on Monday, March 9th. The stock was acquired at an average price of GBX 49 per share, for a total transaction of £10,683.96. 0.19% of the stock is owned by company insiders.

About Octopus AIM VCT

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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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