Odyssean Investment Trust (LON:OIT) Trading Down 0.8% – Here’s Why

Odyssean Investment Trust (LON:OIT) shares traded down 0.8% on Tuesday . The stock traded as low as GBX 150 ($1.90) and last traded at GBX 150.50 ($1.91). 83,978 shares were traded during trading, a decline of 39% from the average session volume of 137,996 shares. The stock had previously closed at GBX 151.75 ($1.92).

Odyssean Investment Trust Stock Down 0.8 %

The stock has a market cap of £201.64 million, a price-to-earnings ratio of -41.63 and a beta of 0.75. The firm’s 50 day moving average is GBX 152.67 and its two-hundred day moving average is GBX 160.18.

Odyssean Investment Trust (LON:OIT) last released its quarterly earnings data on Thursday, November 28th. The company reported GBX (0.10) ($0.00) earnings per share for the quarter. Odyssean Investment Trust had a negative return on equity of 2.33% and a net margin of 186.18%.

Insider Buying and Selling

In other news, insider Arabella Cecil purchased 3,397 shares of the company’s stock in a transaction on Friday, January 10th. The shares were bought at an average price of GBX 150 ($1.90) per share, for a total transaction of £5,095.50 ($6,458.17). Also, insider Richard King purchased 2,855 shares of the company’s stock in a transaction on Monday, January 6th. The stock was purchased at an average price of GBX 153 ($1.94) per share, for a total transaction of £4,368.15 ($5,536.31). 15.83% of the stock is owned by company insiders.

About Odyssean Investment Trust

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio.

Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250.