Odyssean Investment Trust (LON:OIT) Reaches New 12-Month Low – What’s Next?

Odyssean Investment Trust (LON:OIT)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 134.50 ($1.74) and last traded at GBX 135 ($1.75), with a volume of 248959 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 £180.87 million, a PE ratio of -37.34 and a beta of 0.75. The business has a fifty day moving average price of GBX 148.08 and a 200 day moving average price of GBX 156.34.

Insider Activity at Odyssean Investment Trust

In related news, insider Richard King bought 2,855 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was bought at an average price of GBX 153 ($1.98) per share, with a total value of £4,368.15 ($5,664.09). Also, insider Arabella Cecil bought 3,397 shares of the stock in a transaction dated Friday, January 10th. The stock was bought at an average price of GBX 150 ($1.95) per share, with a total value of £5,095.50 ($6,607.24). 15.83% of the stock is currently owned by insiders.

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.