Shares of The Investment Company plc (LON:INV – Get Free Report) dropped 1.2% during mid-day trading on Monday . The company traded as low as GBX 370.50 ($4.64) and last traded at GBX 370.50 ($4.64). Approximately 7,352 shares changed hands during trading, a decline of 64% from the average daily volume of 20,269 shares. The stock had previously closed at GBX 375 ($4.69).
Investment Trading Down 0.3 %
The firm has a market capitalization of £6.81 million, a P/E ratio of 755.10 and a beta of 0.28. The firm has a 50 day moving average price of GBX 377.19 and a 200-day moving average price of GBX 367.07.
About Investment
The Investment Company plc is a small registered, self-managed closed-ended balanced fund. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The fund is managed by Chelverton Asset Management Limited.
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