Invesco Perpetual UK Smaller (LON:IPU) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Invesco Perpetual UK Smaller (LON:IPU)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 368.20 ($4.74) and traded as low as GBX 345.98 ($4.45). Invesco Perpetual UK Smaller shares last traded at GBX 352.50 ($4.54), with a volume of 196,490 shares trading hands.

Invesco Perpetual UK Smaller Stock Performance

The company has a market capitalization of £105.17 million, a PE ratio of 6.43 and a beta of 1.03. The company’s fifty day moving average is GBX 367.12 and its 200-day moving average is GBX 392.20.

Insider Activity at Invesco Perpetual UK Smaller

In related news, insider Mike Prentis acquired 5,161 shares of the business’s stock in a transaction on Tuesday, January 7th. The stock was acquired at an average cost of GBX 385 ($4.96) per share, with a total value of £19,869.85 ($25,582.40). Also, insider Bridget Guerin acquired 6,419 shares of Invesco Perpetual UK Smaller stock in a transaction dated Friday, January 3rd. The shares were bought at an average price of GBX 387 ($4.98) per share, for a total transaction of £24,841.53 ($31,983.43). 4.73% of the stock is owned by corporate insiders.

About Invesco Perpetual UK Smaller

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.