Albion Enterprise VCT (LON:AAEV) Reaches New 52-Week High – Time to Buy?

Albion Enterprise VCT (LON:AAEV) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 110 and last traded at GBX 100, with a volume of 24317 shares. The stock had previously closed at GBX 107.50.

Albion Enterprise VCT Stock Performance

The firm has a market cap of £286.54 million, a PE ratio of 65.87 and a beta of 0.05. The business has a fifty day moving average price of GBX 107.94 and a 200 day moving average price of GBX 107.01.

Albion Enterprise VCT (LON:AAEV) last posted its earnings results on Tuesday, July 14th. The company reported GBX 0.74 earnings per share for the quarter. Albion Enterprise VCT had a return on equity of 1.45% and a net margin of 61.06%.

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.