Odyssean Investment Trust (LON:OIT) Reaches New 52-Week High – Time to Buy?

Odyssean Investment Trust (LON:OITGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 235 and last traded at GBX 231, with a volume of 115794 shares. The stock had previously closed at GBX 231.50.

Odyssean Investment Trust Trading Down 0.2%

The company has a 50-day simple moving average of GBX 220.20 and a 200 day simple moving average of GBX 200.92. The firm has a market cap of £330.94 million, a PE ratio of 6.77 and a beta of 1.08.

Odyssean Investment Trust (LON:OITGet Free Report) last released its quarterly earnings results on Wednesday, June 17th. The company reported GBX (0.60) EPS for the quarter. Odyssean Investment Trust had a net margin of 93.31% and a return on equity of 19.91%. The firm had revenue of GBX 253 million for the quarter.

Insiders Place Their Bets

In related news, insider Peter Hewitt acquired 5,000 shares of Odyssean Investment Trust stock in a transaction on Tuesday, June 23rd. The stock was bought at an average cost of GBX 206 per share, for a total transaction of £10,300. Corporate insiders own 1.05% of the company’s stock.

About Odyssean Investment Trust

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