Odyssean Investment Trust (LON:OIT) Sets New 52-Week High – Here’s Why

Shares of Odyssean Investment Trust (LON:OIT) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 173 and last traded at GBX 171.26, with a volume of 333802 shares changing hands. The stock had previously closed at GBX 172.

Odyssean Investment Trust Stock Performance

The stock’s 50-day moving average price is GBX 167.45 and its 200-day moving average price is GBX 161.81. The stock has a market cap of £236.33 million, a price-to-earnings ratio of -55.48 and a beta of 0.75.

Odyssean Investment Trust (LON:OIT) last released its earnings results on Monday, December 1st. The company reported GBX (0.20) earnings per share (EPS) for the quarter. Odyssean Investment Trust had a net margin of 186.18% and a negative return on equity of 2.33%.

Insider Activity

In related news, insider Peter Hewitt bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were bought at an average price of GBX 168 per share, for a total transaction of £16,800. Also, insider Indraneil (Neil) Mahapatra bought 33,452 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were bought at an average cost of GBX 169 per share, for a total transaction of £56,533.88. Insiders purchased 56,342 shares of company stock worth $9,501,698 in the last quarter. 0.96% of the stock is owned by corporate insiders.

Odyssean Investment Trust Company Profile