Albion Technology & Gen VCT (LON:AATG) Stock Price Down 5.5% – Here’s Why

Albion Technology & Gen VCT (LON:AATG)’s share price dropped 5.5% during mid-day trading on Wednesday. The company traded as low as GBX 60 and last traded at GBX 60. 2,350 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 243,973 shares. The stock had previously closed at GBX 63.50.

Albion Technology & Gen VCT Trading Down 5.5%

The business’s 50-day moving average is GBX 61.26 and its two-hundred day moving average is GBX 64.61. The firm has a market cap of £245.49 million and a P/E ratio of 58.82.

Albion Technology & Gen VCT (LON:AATG) last released its quarterly earnings data on Tuesday, September 22nd. The company reported GBX 0.58 earnings per share for the quarter. Albion Technology & Gen VCT had a net margin of 51.24% and a return on equity of 1.24%.

About Albion Technology & Gen VCT

Albion Technology & General VCT PLC is a venture Capital Trust specialize in early stage and growth stage investments.it prefer to invest in health tech, digital risk, Data and artificial intelligence, fintech and information technology related sector companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture. It prefers to invest in technology and nontechnology-related companies based in the United Kingdom The fund seeks to invest half of the assets in quoted global technology stocks and the remaining assets in unquoted UK non-tech companies.