Octopus AIM VCT (LON:OOA) Shares Cross Below 50 Day Moving Average – Should You Sell?

Octopus AIM VCT (LON:OOAGet Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 38.94 and traded as low as GBX 38.40. Octopus AIM VCT shares last traded at GBX 38.40, with a volume of 16 shares changing hands.

Octopus AIM VCT Stock Down 3.5%

The firm has a fifty day moving average of GBX 38.94 and a 200-day moving average of GBX 41.73. The firm has a market cap of £95.88 million, a P/E ratio of -8.93 and a beta of 0.57.

Octopus AIM VCT (LON:OOAGet Free Report) last announced its quarterly earnings data on Wednesday, June 17th. The company reported GBX 0.40 earnings per share for the quarter. Octopus AIM VCT had a return on equity of 2.54% and a net margin of 74.14%.The firm had revenue of GBX 207 million during the quarter.

Octopus AIM VCT Company Profile

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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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