Invesco Perpetual UK Smaller (LON:IPU) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Invesco Perpetual UK Smaller (LON:IPU) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 368.20 ($4.74) and traded as low as GBX 345.98 ($4.45). Invesco Perpetual UK Smaller shares last traded at GBX 352.50 ($4.54), with a volume of 196,490 shares traded.

Invesco Perpetual UK Smaller Price Performance

The business has a 50-day moving average of GBX 367.12 and a 200 day moving average of GBX 392.20. The company has a market capitalization of £105.17 million, a PE ratio of 6.43 and a beta of 1.03.

Insider Transactions at Invesco Perpetual UK Smaller

In other Invesco Perpetual UK Smaller news, insider Mike Prentis bought 5,161 shares of Invesco Perpetual UK Smaller stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average cost of GBX 385 ($4.96) per share, for a total transaction of £19,869.85 ($25,582.40). Also, insider Bridget Guerin bought 6,419 shares of the firm’s stock in a transaction dated Friday, January 3rd. The shares were acquired at an average price of GBX 387 ($4.98) per share, for a total transaction of £24,841.53 ($31,983.43). Insiders own 4.73% of the company’s stock.

Invesco Perpetual UK Smaller Company Profile

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.