Octopus AIM VCT (LON:OOA) Shares Pass Above 50 Day Moving Average – What’s Next?

Octopus AIM VCT (LON:OOA) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 38.32 and traded as high as GBX 39.80. Octopus AIM VCT shares last traded at GBX 37.20, with a volume of 9,000 shares.

Octopus AIM VCT Price Performance

The stock has a 50-day moving average price of GBX 38.32 and a 200 day moving average price of GBX 42.36. The firm has a market cap of £92.88 million, a price-to-earnings ratio of -8.65 and a beta of 0.50.

Insider Transactions at Octopus AIM VCT

In other news, insider David Docherty bought 21,804 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were acquired at an average price of GBX 49 per share, for a total transaction of £10,683.96. Also, insider Andrew Norman Boteler bought 21,804 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were purchased at an average price of GBX 49 per share, for a total transaction of £10,683.96. 0.19% of the stock is currently owned by insiders.

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.