Albion Enterprise VCT (LON:AAEV) Hits New 1-Year Low – Here’s What Happened

Albion Enterprise VCT (LON:AAEVGet Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 109 ($1.33) and last traded at GBX 109 ($1.33), with a volume of 4 shares trading hands. The stock had previously closed at GBX 111.50 ($1.36).

Albion Enterprise VCT Stock Down 2.2 %

The business has a 50-day moving average price of GBX 111.96 and a two-hundred day moving average price of GBX 117.85. The company has a market capitalization of £121.03 million, a price-to-earnings ratio of 3,633.33 and a beta of 0.03.

Albion Enterprise VCT Cuts Dividend

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

Albion Enterprise VCT Company Profile

(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.

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