Albion Enterprise VCT (LON:AAEV) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Albion Enterprise VCT (LON:AAEV) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 106.68 ($1.42) and traded as high as GBX 107.50 ($1.43). Albion Enterprise VCT shares last traded at GBX 105 ($1.40), with a volume of 36 shares traded.

Albion Enterprise VCT Stock Performance

The stock has a market cap of £249.98 million, a P/E ratio of 10.64 and a beta of 0.03. The company has a 50-day simple moving average of GBX 106.68 and a 200-day simple moving average of GBX 108.61.

Albion Enterprise VCT (LON:AAEV) last released its quarterly earnings results on Tuesday, July 22nd. The company reported GBX 0.76 earnings per share (EPS) for the quarter. Albion Enterprise VCT had a return on equity of 85.97% and a net margin of 1,726.26%.

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.