Albion Enterprise VCT (LON:AAEV) Reaches New 52-Week Low – What’s Next?

Shares of Albion Enterprise VCT (LON:AAEVGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 109 ($1.33) and last traded at GBX 114 ($1.39), with a volume of 619 shares. The stock had previously closed at GBX 114 ($1.39).

Albion Enterprise VCT Price Performance

The firm’s 50-day simple moving average is GBX 111.97 and its two-hundred day simple moving average is GBX 118.02. The company has a market capitalization of £126.59 million, a price-to-earnings ratio of 3,800.00 and a beta of 0.03.

Albion Enterprise VCT Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be given a dividend of GBX 3.28 ($0.04) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.89%. Albion Enterprise VCT’s payout ratio is 20,000.00%.

About Albion Enterprise VCT

(Get Free Report)

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.

Further Reading

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