Albion Technology & Gen VCT (LON:AATG) Stock Passes Below 50-Day Moving Average – Should You Sell?

Albion Technology & Gen VCT (LON:AATG)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 65.55 and traded as low as GBX 64.50. Albion Technology & Gen VCT shares last traded at GBX 64.50, with a volume of 1 shares changing hands.

Albion Technology & Gen VCT Stock Down 2.3%

The firm has a 50-day simple moving average of GBX 65.55 and a 200-day simple moving average of GBX 66.60. The stock has a market cap of £255.11 million and a PE ratio of 179.17.

Insider Activity

In other news, insider Simon Thorpe acquired 14,056 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was bought at an average cost of GBX 71 per share, for a total transaction of £9,979.76. Insiders own 0.27% of the company’s stock.

Albion Technology & Gen VCT Company Profile

Albion Technology & General VCT PLC is a venture Capital Trust specialize in early stage and growth stage investments.it prefer to invest in health tech, digital risk, Data and artificial intelligence, fintech and information technology related sector companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture. It prefers to invest in technology and nontechnology-related companies based in the United Kingdom The fund seeks to invest half of the assets in quoted global technology stocks and the remaining assets in unquoted UK non-tech companies.