Amati AIM VCT (LON:AMAT) Sets New 12-Month Low – Time to Sell?

Shares of Amati AIM VCT (LON:AMAT) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 68 ($0.88) and last traded at GBX 69 ($0.89), with a volume of 5275 shares changing hands. The stock had previously closed at GBX 68.50 ($0.89).

Amati AIM VCT Stock Up 0.7 %

The stock has a market capitalization of £101.29 million, a P/E ratio of -9.48 and a beta of 0.54. The company has a 50 day moving average of GBX 70.71 and a 200-day moving average of GBX 74.42.

Amati AIM VCT Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, December 19th were given a GBX 4 ($0.05) dividend. This is an increase from Amati AIM VCT’s previous dividend of $2.50. This represents a dividend yield of 5.37%. The ex-dividend date was Thursday, December 19th. Amati AIM VCT’s dividend payout ratio (DPR) is presently -68.72%.

Amati AIM VCT Company Profile

The investment objective of Amati AIM VCT plc (the “Company”) is to generate tax free capital gains and regular dividend income for its shareholders, primarily through Qualifying Investments in AIM-traded companies and through Non-Qualifying Investments as allowed by the VCT legislation. The Company will manage its portfolio to comply with the requirements of the rules and regulations applicable to VCTs.