Odyssean Investment Trust (LON:OIT) Reaches New 1-Year High – Here’s What Happened

Odyssean Investment Trust (LON:OIT)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 184 and last traded at GBX 181.98, with a volume of 471843 shares traded. The stock had previously closed at GBX 183.

Odyssean Investment Trust Price Performance

The stock has a market capitalization of £250.50 million, a price-to-earnings ratio of -58.70 and a beta of 0.75. The stock’s 50 day simple moving average is GBX 171.42 and its 200-day simple moving average is GBX 164.08.

Odyssean Investment Trust (LON:OIT) last released its quarterly earnings results on Monday, December 1st. The company reported GBX (0.20) earnings per share for the quarter. Odyssean Investment Trust had a net margin of 186.18% and a negative return on equity of 2.33%.

Insiders Place Their Bets

In related news, insider Richard King purchased 2,790 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was bought at an average price of GBX 169 per share, for a total transaction of £4,715.10. Also, insider Peter Hewitt acquired 10,000 shares of the stock in a transaction dated Monday, December 1st. The shares were bought at an average cost of GBX 168 per share, for a total transaction of £16,800. Insiders purchased 56,342 shares of company stock valued at $9,501,698 over the last quarter. Insiders own 0.97% of the company’s stock.

About Odyssean Investment Trust