Albion Enterprise VCT (LON:AAEV) Hits New 12-Month High – Time to Buy?

Albion Enterprise VCT (LON:AAEV)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 110 and last traded at GBX 110, with a volume of 1 shares changing hands. The stock had previously closed at GBX 107.50.

Albion Enterprise VCT Stock Performance

The company has a market capitalization of £286.54 million, a price-to-earnings ratio of 152.78 and a beta of 0.05. The firm has a 50-day simple moving average of GBX 107.61 and a two-hundred day simple moving average of GBX 106.95.

Albion Enterprise VCT (LON:AAEV) last issued its quarterly earnings results on Tuesday, July 14th. The company reported GBX 0.74 earnings per share (EPS) for the quarter. Albion Enterprise VCT had a net margin of 61.06% and a return on equity of 1.45%.

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. The fund invests in smaller unquoted companies based in the United Kingdom and invests in shares or securities including loans with a five year or greater maturity period.