Oryx International Growth Fund (LON:OIG) Stock Price Down 6.2% – Here’s What Happened

Oryx International Growth Fund Limited (LON:OIG)’s share price traded down 6.2% on Tuesday . The company traded as low as GBX 1,210 and last traded at GBX 1,210.65. 43,676 shares traded hands during mid-day trading, an increase of 401% from the average session volume of 8,718 shares. The stock had previously closed at GBX 1,290.

Oryx International Growth Fund Stock Performance

The firm’s 50-day simple moving average is GBX 1,257.79 and its 200-day simple moving average is GBX 1,260.05. The company has a market capitalization of £169.49 million, a price-to-earnings ratio of 11.53 and a beta of 0.71.

Insider Buying and Selling at Oryx International Growth Fund

In other news, insider Christopher Mills bought 1,200 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were acquired at an average cost of GBX 1,290 per share, with a total value of £15,480. Insiders own 17.92% of the company’s stock.

About Oryx International Growth Fund

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. It employs a fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the FTSE All Share Index. Oryx International Growth Fund Ltd was formed on March 2, 1995 and is domiciled in Guernsey, Channel Islands.