Albion Enterprise VCT (LON:AAEV) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Albion Enterprise VCT (LON:AAEV) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 106.83 and traded as high as GBX 107. Albion Enterprise VCT shares last traded at GBX 107, with a volume of 51 shares trading hands.

Albion Enterprise VCT Stock Up 2.4%

The stock has a market cap of £269.38 million, a price-to-earnings ratio of 148.61 and a beta of 0.03. The stock has a fifty day moving average of GBX 106.83 and a two-hundred day moving average of GBX 106.98.

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

Insider Activity at Albion Enterprise VCT

In other Albion Enterprise VCT news, insider Ben Larkin purchased 43,025 shares of Albion Enterprise VCT stock in a transaction on Friday, December 19th. The shares were purchased at an average cost of GBX 116 per share, with a total value of £49,909. Also, insider Christopher Burrows acquired 5,163 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were acquired at an average price of GBX 116 per share, with a total value of £5,989.08. Over the last quarter, insiders have acquired 59,466 shares of company stock worth $6,891,102. Company insiders own 0.84% of the company’s stock.

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.