Albion Venture Capital Trust (LON:AAVC) Hits New 1-Year Low at $42.20

Albion Venture Capital Trust PLC (LON:AAVC)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 42.20 ($0.52) and last traded at GBX 43.20 ($0.53), with a volume of 1760 shares trading hands. The stock had previously closed at GBX 43.20 ($0.53).

Albion Venture Capital Trust Stock Performance

The stock has a market capitalization of £59.74 million, a PE ratio of -1,440.00 and a beta of -0.08. The firm has a 50-day moving average price of GBX 43.20 and a 200-day moving average price of GBX 44.70.

Albion Venture Capital Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 31st. Stockholders of record on Thursday, January 4th were given a dividend of GBX 1.19 ($0.01) per share. This represents a dividend yield of 2.56%. The ex-dividend date of this dividend was Thursday, January 4th. Albion Venture Capital Trust’s dividend payout ratio is presently -6,666.67%.

Albion Venture Capital Trust Company Profile

Albion Venture Capital Trust PLC is a venture capital trust specialize in early stage and growth stage investments.it prefer to invest in information technology, healthcare technology, environmental sector and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking, and agriculture.