Odyssean Investment Trust (LON:OIT) Reaches New 52-Week Low – Here’s Why

Shares of Odyssean Investment Trust (LON:OIT) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 134.36 ($1.74) and last traded at GBX 136.50 ($1.77), with a volume of 194395 shares traded. The stock had previously closed at GBX 135.50 ($1.76).

Odyssean Investment Trust Stock Performance

The company has a market capitalization of £182.88 million, a price-to-earnings ratio of -37.75 and a beta of 0.75. The company has a 50 day moving average price of GBX 150.03 and a 200 day moving average price of GBX 157.84.

Insider Activity

In other Odyssean Investment Trust news, insider Arabella Cecil bought 3,397 shares of the firm’s stock in a transaction dated Friday, January 10th. The stock was bought at an average cost of GBX 150 ($1.94) per share, with a total value of £5,095.50 ($6,600.39). Also, insider Richard King bought 2,855 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was acquired at an average price of GBX 153 ($1.98) per share, for a total transaction of £4,368.15 ($5,658.23). Corporate insiders own 15.83% of the company’s stock.

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.