The Investment Company plc (LON:INV – Get Free Report) traded up 2.2% during mid-day trading on Wednesday . The company traded as high as GBX 70 and last traded at GBX 70. Approximately 2,000 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 15,182 shares. The stock had previously closed at GBX 68.50.
Investment Trading Down 2.7%
The firm has a market capitalization of £6.48 million, a price-to-earnings ratio of -35.10 and a beta of 0.18. The firm’s 50-day moving average is GBX 68.76 and its 200 day moving average is GBX 69.15.
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. It invests in the public equity and fixed income markets of the United Kingdom. The fund seeks to invest in securities of companies operating across diversified sectors.
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