Albion Enterprise VCT (LON:AAEV) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Albion Enterprise VCT (LON:AAEV)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 115.32 ($1.45) and traded as low as GBX 106 ($1.33). Albion Enterprise VCT shares last traded at GBX 106 ($1.33), with a volume of 4 shares.

Albion Enterprise VCT Trading Down 2.3 %

The stock has a market cap of £237.91 million, a price-to-earnings ratio of 0.94 and a beta of 0.03. The company’s fifty day moving average is GBX 110.55 and its two-hundred day moving average is GBX 115.32.

Albion Enterprise VCT (LON:AAEV) last issued its quarterly earnings data on Wednesday, November 27th. The company reported GBX 0.69 ($0.01) earnings per share for the quarter. Albion Enterprise VCT had a return on equity of 85.97% and a net margin of 1,726.26%.

Albion Enterprise VCT Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 6th were given a GBX 3.28 ($0.04) dividend. This represents a yield of 2.89%. The ex-dividend date was Thursday, February 6th. Albion Enterprise VCT’s dividend payout ratio is currently 5.34%.

Albion Enterprise VCT Company Profile

Albion Enterprise VCT PLC is a venture capital trust specializing in early and growth stage investments. It seeks to invest in the information technology, software, pharmaceutical services, leisure sector, healthcare technology and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture.