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

Unicorn AIM VCT (LON:UAV) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 80.99 ($1.03) and traded as high as GBX 84 ($1.06). Unicorn AIM VCT shares last traded at GBX 77 ($0.98), with a volume of 14,859 shares changing hands.

Unicorn AIM VCT Price Performance

The firm’s fifty day simple moving average is GBX 80.99 and its 200 day simple moving average is GBX 88.40. The company has a market capitalization of £148.33 million, a PE ratio of -1,283.33 and a beta of 0.11.

Unicorn AIM VCT (LON:UAV) last issued its earnings results on Friday, December 6th. The company reported GBX 0.62 ($0.01) EPS for the quarter.

Unicorn AIM VCT Increases Dividend

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

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.