Albion Enterprise VCT (LON:AAEV) Stock Passes Below 200 Day Moving Average – Here’s Why

Albion Enterprise VCT (LON:AAEV) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 115.32 ($1.45) and traded as low as GBX 106 ($1.33). Albion Enterprise VCT shares last traded at GBX 106 ($1.33), with a volume of 4 shares traded.

Albion Enterprise VCT Stock Down 2.3 %

The firm has a 50-day moving average price of GBX 110.55 and a two-hundred day moving average price of GBX 115.32. The firm has a market cap of £237.91 million, a PE ratio of 0.94 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV) last issued its earnings results on Wednesday, November 27th. The company reported GBX 0.69 ($0.01) EPS for the quarter. Albion Enterprise VCT had a net margin of 1,726.26% and a return on equity of 85.97%.

Albion Enterprise VCT Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 6th were issued a GBX 3.28 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a dividend yield of 2.89%. Albion Enterprise VCT’s dividend payout ratio is presently 5.34%.

Albion Enterprise VCT Company Profile

Albion Enterprise VCT PLC is a venture capital trust specializing in early and growth stage investments. It seeks to invest in the information technology, software, pharmaceutical services, leisure sector, healthcare technology and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture.