Unicorn AIM VCT (LON:UAV) Shares Cross Above 50-Day Moving Average – Here’s Why

Unicorn AIM VCT (LON:UAV) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 78.95 ($1.04) and traded as high as GBX 81 ($1.07). Unicorn AIM VCT shares last traded at GBX 81 ($1.07), with a volume of 20,000 shares trading hands.

Unicorn AIM VCT Trading Up 4.5 %

The business has a fifty day simple moving average of GBX 78.95 and a two-hundred day simple moving average of GBX 84.91. The company has a market cap of £156.04 million, a PE ratio of -1,350.00 and a beta of 0.11.

Unicorn AIM VCT Increases Dividend

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

Insider Activity at Unicorn AIM VCT

In related news, insider Julian Bartlett acquired 43,673 shares of the stock in a transaction on Tuesday, March 11th. The shares were bought at an average price of GBX 92 ($1.21) per share, with a total value of £40,179.16 ($52,978.85). 0.16% of the stock is owned by corporate insiders.

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.