Oryx International Growth Fund (LON:OIG) Hits New 52-Week Low – Here’s Why

Oryx International Growth Fund Limited (LON:OIG) hit a new 52-week low on Monday . The company traded as low as GBX 1,036 ($13.41) and last traded at GBX 1,036 ($13.41), with a volume of 7492 shares changing hands. The stock had previously closed at GBX 1,050 ($13.59).

Oryx International Growth Fund Stock Performance

The company has a 50-day moving average of GBX 1,107.13 and a 200-day moving average of GBX 1,226.97. The firm has a market capitalization of £155.12 million, a price-to-earnings ratio of 6.00 and a beta of 0.88. The company has a current ratio of 1.15, a quick ratio of 11.08 and a debt-to-equity ratio of 0.81.

Insiders Place Their Bets

In related news, insider Christopher Mills bought 5,000 shares of the firm’s stock in a transaction on Monday, January 20th. The stock was bought at an average cost of GBX 1,162 ($15.04) per share, for a total transaction of £58,100 ($75,220.09). 6.55% of the stock is owned by corporate insiders.

Oryx International Growth Fund Company Profile

Oryx International Growth Fund Ltd is a closed ended equity mutual fund launched and managed by Harwood Capital LLP. The fund invests in the public equity markets of the United Kingdom and United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies.