Albion Enterprise VCT (LON:AAEV) Releases Quarterly Earnings Results

Albion Enterprise VCT (LON:AAEV) issued its quarterly earnings data on Tuesday. The company reported GBX 0.74 earnings per share for the quarter, Digital Look Earnings reports. Albion Enterprise VCT had a return on equity of 1.17% and a net margin of 29.49%.

Albion Enterprise VCT Stock Down 2.3%

LON:AAEV traded down GBX 2.50 during trading hours on Tuesday, hitting GBX 105. 9,517 shares of the company’s stock traded hands, compared to its average volume of 120,989. Albion Enterprise VCT has a 52 week low of GBX 98.50 and a 52 week high of GBX 112. The firm has a market cap of £273.51 million, a P/E ratio of 145.83 and a beta of 0.04. The business’s fifty day simple moving average is GBX 107.36 and its two-hundred day simple moving average is GBX 106.86.

About Albion Enterprise VCT

Albion Enterprise VCT PLC is a venture capital trust specializing in early and growth stage investments. It seeks to invest in the information technology, software, pharmaceutical services, leisure sector, healthcare technology and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture. The fund invests in smaller unquoted companies based in the United Kingdom and invests in shares or securities including loans with a five year or greater maturity period.