Unicorn AIM VCT (LON:UAV) Hits New 52-Week Low – Here’s Why

Shares of Unicorn AIM VCT (LON:UAV) reached a new 52-week low on Tuesday . The stock traded as low as GBX 74.50 ($0.98) and last traded at GBX 81 ($1.07), with a volume of 20000 shares traded. The stock had previously closed at GBX 77.50 ($1.02).

Unicorn AIM VCT Stock Up 4.5 %

The stock has a fifty day moving average of GBX 78.95 and a 200-day moving average of GBX 84.91. The firm has a market capitalization of £156.04 million, a P/E ratio of -1,350.00 and a beta of 0.11.

Unicorn AIM VCT Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 2nd were given a GBX 6 ($0.08) dividend. This represents a dividend yield of 6.67%. The ex-dividend date of this dividend was Thursday, January 2nd. This is a positive change from Unicorn AIM VCT’s previous dividend of $3.00. Unicorn AIM VCT’s payout ratio is currently -11,666.67%.

Insiders Place Their Bets

In other news, insider Julian Bartlett purchased 43,673 shares of the business’s stock in a transaction on Tuesday, March 11th. The stock was purchased at an average price of GBX 92 ($1.21) per share, for a total transaction of £40,179.16 ($52,978.85). Insiders own 0.16% of the company’s stock.

About Unicorn AIM VCT

Unicorn AIM VCT plc is a venture capital trust specializing in venture capital investments. It tends to invest in a diverse range of sectors including software, computer services, pharmaceuticals and biotechnology.