Odyssean Investment Trust (LON:OIT) Hits New 1-Year Low – Should You Sell?

Odyssean Investment Trust (LON:OIT)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 139 ($1.78) and last traded at GBX 140 ($1.79), with a volume of 168393 shares traded. The stock had previously closed at GBX 140 ($1.79).

Odyssean Investment Trust Stock Performance

The company has a market capitalization of £187.57 million, a P/E ratio of -38.72 and a beta of 0.75. The business’s fifty day simple moving average is GBX 151.93 and its 200-day simple moving average is GBX 159.27.

Insider Transactions at Odyssean Investment Trust

In other Odyssean Investment Trust news, insider Richard King acquired 2,855 shares of the company’s stock in a transaction on Monday, January 6th. The stock was acquired at an average cost of GBX 153 ($1.96) per share, with a total value of £4,368.15 ($5,588.01). Also, insider Arabella Cecil bought 3,397 shares of the firm’s stock in a transaction dated Friday, January 10th. The shares were acquired at an average price of GBX 150 ($1.92) per share, for a total transaction of £5,095.50 ($6,518.49). 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.