Invesco Perpetual UK Smaller (LON:IPU) Stock Price Passes Above Fifty Day Moving Average of $438.53

Invesco Perpetual UK Smaller (LON:IPU) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 438.53 ($5.64) and traded as high as GBX 468 ($6.02). Invesco Perpetual UK Smaller shares last traded at GBX 457 ($5.88), with a volume of 138,814 shares.

Invesco Perpetual UK Smaller Stock Performance

The firm’s 50 day simple moving average is GBX 438.53 and its 200-day simple moving average is GBX 423.24. The company has a market cap of £154.60 million, a price-to-earnings ratio of -609.33 and a beta of 1.03.

Invesco Perpetual UK Smaller Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 1st will be issued a dividend of GBX 3.85 ($0.05) per share. The ex-dividend date is Thursday, August 1st. This represents a dividend yield of 0.85%. Invesco Perpetual UK Smaller’s dividend payout ratio is presently -2,400.00%.

Insider Transactions at Invesco Perpetual UK Smaller

In related news, insider Bridget Guerin purchased 4,134 shares of Invesco Perpetual UK Smaller stock in a transaction dated Wednesday, June 12th. The shares were acquired at an average price of GBX 433 ($5.57) per share, for a total transaction of £17,900.22 ($23,025.75). Insiders own 4.38% of the company’s stock.

About Invesco Perpetual UK Smaller

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.