Albion Enterprise VCT (LON:AAEV) Stock Passes Above 50 Day Moving Average – Should You Sell?

Albion Enterprise VCT (LON:AAEV) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 107.32 and traded as high as GBX 110. Albion Enterprise VCT shares last traded at GBX 110, with a volume of 1,100 shares traded.

Albion Enterprise VCT Price Performance

The stock has a market capitalization of £270.64 million, a PE ratio of 149.31 and a beta of 0.03. The stock’s 50-day moving average is GBX 107.32 and its 200 day moving average is GBX 107.25.

Albion Enterprise VCT (LON:AAEV) last issued its earnings results on Thursday, December 4th. The company reported GBX 0.43 earnings per share (EPS) for the quarter. Albion Enterprise VCT had a net margin of 1,726.26% and a return on equity of 85.97%.

Insiders Place Their Bets

In other news, insider Rhodri Whitlock bought 6,954 shares of the company’s stock in a transaction on Friday, December 19th. The shares were bought at an average cost of GBX 115 per share, with a total value of £7,997.10. Also, insider Ben Larkin purchased 43,025 shares of Albion Enterprise VCT stock in a transaction dated Friday, December 19th. The shares were purchased at an average price of GBX 116 per share, with a total value of £49,909. Insiders have bought a total of 59,466 shares of company stock valued at $6,891,102 in the last three months. Insiders own 0.84% of the company’s stock.

Albion Enterprise VCT Company Profile

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.