Albion Enterprise VCT (LON:AAEV) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Albion Enterprise VCT (LON:AAEV)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

Albion Enterprise VCT Price Performance

The stock has a 50 day simple moving average of GBX 110.39 and a 200-day simple moving average of GBX 115.21. 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 posted its earnings results on Wednesday, November 27th. The company reported GBX 0.69 ($0.01) EPS for the quarter. Albion Enterprise VCT had a return on equity of 85.97% and a net margin of 1,726.26%.

Albion Enterprise VCT Cuts Dividend

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

About Albion Enterprise VCT

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.