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

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

Odyssean Investment Trust Trading Down 0.8 %

The business’s 50-day moving average is GBX 152.67 and its two-hundred day moving average is GBX 160.18. The stock has a market capitalization of £201.64 million, a PE ratio of -41.63 and a beta of 0.75.

Odyssean Investment Trust (LON:OIT) last posted 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 net margin of 186.18% and a negative return on equity of 2.33%.

Insider Buying and Selling at Odyssean Investment Trust

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