Octopus AIM VCT (LON:OOA) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Octopus AIM VCT (LON:OOA)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 43.95 and traded as low as GBX 38.60. Octopus AIM VCT shares last traded at GBX 38.60, with a volume of 0 shares changing hands.

Octopus AIM VCT Price Performance

The firm has a market capitalization of £86.74 million, a PE ratio of -8.79 and a beta of 0.50. The company’s fifty day simple moving average is GBX 43.85 and its 200 day simple moving average is GBX 44.93.

Insider Buying and Selling

In related news, insider Andrew Norman Boteler acquired 21,804 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average price of GBX 49 per share, with a total value of £10,683.96. Also, insider David Docherty purchased 21,804 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were bought at an average price of GBX 49 per share, for a total transaction of £10,683.96. Corporate insiders own 0.18% of the company’s stock.

Octopus AIM VCT Company Profile

Octopus AIM VCT PLC is a venture capital trust specializing in investments in AIM or PLUS quoted companies. The fund seeks to allocate approximately 80 percent of its funds to qualifying investments in companies quoted on AIM or OFEX and the balance of 20 percent to non-qualifying Investments.