Albion Venture Capital Trust (LON:AAVC) Reaches New 1-Year Low at $42.20

Albion Venture Capital Trust PLC (LON:AAVC) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 42.20 ($0.52) and last traded at GBX 43.20 ($0.53), with a volume of 1760 shares. The stock had previously closed at GBX 43.20 ($0.53).

Albion Venture Capital Trust Stock Performance

The firm has a market capitalization of £59.74 million, a PE ratio of -1,440.00 and a beta of -0.08. The company’s 50 day simple moving average is GBX 43.17 and its 200-day simple moving average is GBX 44.66.

Albion Venture Capital Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 31st. Shareholders of record on Thursday, January 4th were paid a GBX 1.19 ($0.01) dividend. This represents a yield of 2.56%. The ex-dividend date was Thursday, January 4th. Albion Venture Capital Trust’s dividend payout ratio is presently -6,666.67%.

Albion Venture Capital Trust Company Profile

Albion Venture Capital Trust PLC is a venture capital trust specialize in early stage and growth stage investments.it prefer to invest in information technology, healthcare technology, environmental sector and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking, and agriculture.