Invesco Perpetual UK Smaller (LON:IPU) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Invesco Perpetual UK Smaller (LON:IPU) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 368.20 ($4.76) and traded as low as GBX 345.98 ($4.47). Invesco Perpetual UK Smaller shares last traded at GBX 352.50 ($4.55), with a volume of 196,490 shares.

Invesco Perpetual UK Smaller Price Performance

The firm has a market capitalization of £105.17 million, a price-to-earnings ratio of 6.43 and a beta of 1.03. The business’s fifty day simple moving average is GBX 368.20 and its 200 day simple moving average is GBX 393.42.

Insider Activity

In other news, insider Mike Prentis acquired 5,161 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The stock was purchased at an average price of GBX 385 ($4.97) per share, for a total transaction of £19,869.85 ($25,674.96). Also, insider Bridget Guerin bought 6,419 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was purchased at an average price of GBX 387 ($5.00) per share, for a total transaction of £24,841.53 ($32,099.15). 4.73% of the stock is currently owned by company insiders.

About Invesco Perpetual UK Smaller

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.