Invesco Perpetual UK Smaller (LON:IPU) Shares Cross Below Fifty Day Moving Average – What’s Next?

Invesco Perpetual UK Smaller (LON:IPU) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 378.38 ($4.80) and traded as low as GBX 370 ($4.69). Invesco Perpetual UK Smaller shares last traded at GBX 372 ($4.72), with a volume of 51,872 shares traded.

Invesco Perpetual UK Smaller Trading Down 0.5 %

The stock has a market capitalization of £112.79 million, a P/E ratio of 6.89 and a beta of 1.03. The company has a fifty day simple moving average of GBX 378.38 and a two-hundred day simple moving average of GBX 404.86.

Insider Activity

In related news, insider Mike Prentis bought 5,161 shares of the company’s stock in a transaction on Tuesday, January 7th. The shares were purchased at an average cost of GBX 385 ($4.88) per share, for a total transaction of £19,869.85 ($25,199.56). Also, insider Bridget Guerin bought 6,419 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were bought at an average price of GBX 387 ($4.91) per share, for a total transaction of £24,841.53 ($31,504.79). 4.73% of the stock is currently owned by company insiders.

Invesco Perpetual UK Smaller Company Profile

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.