Oryx International Growth Fund (LON:OIG) Shares Down 2.5% – Here’s Why

Shares of Oryx International Growth Fund Limited (LON:OIG) fell 2.5% during trading on Thursday . The stock traded as low as GBX 1,150 ($14.04) and last traded at GBX 1,150 ($14.04). 5,116 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 5,654 shares. The stock had previously closed at GBX 1,180 ($14.41).

Oryx International Growth Fund Trading Down 2.4 %

The business’s 50-day simple moving average is GBX 1,198.66 and its two-hundred day simple moving average is GBX 1,308.18. The firm has a market cap of £159.88 million, a price-to-earnings ratio of 634.44 and a beta of 0.88.

Insider Buying and Selling

In related news, insider Christopher Mills sold 5,000 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of GBX 1,250 ($15.26), for a total transaction of £62,500 ($76,312.58). 6.55% of the stock is owned by insiders.

Oryx International Growth Fund Company Profile

Oryx International Growth Fund Ltd is a closed ended equity mutual fund launched and managed by Harwood Capital LLP. The fund invests in the public equity markets of the United Kingdom and United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies.