Odyssean Investment Trust (LON:OIT) Reaches New 1-Year Low – Should You Sell?

Shares of Odyssean Investment Trust (LON:OIT) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 139 ($1.80) and last traded at GBX 140 ($1.81), with a volume of 168393 shares trading hands. The stock had previously closed at GBX 140 ($1.81).

Odyssean Investment Trust Stock Down 0.7 %

The business’s 50-day simple moving average is GBX 151.36 and its 200-day simple moving average is GBX 159. The stock has a market cap of £185.56 million, a PE ratio of -38.31 and a beta of 0.75.

Insider Buying and Selling at Odyssean Investment Trust

In related news, insider Richard King bought 2,855 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were purchased at an average price of GBX 153 ($1.98) per share, with a total value of £4,368.15 ($5,645.79). Also, insider Arabella Cecil bought 3,397 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were bought at an average cost of GBX 150 ($1.94) per share, for a total transaction of £5,095.50 ($6,585.89). Corporate insiders own 15.83% of the company’s stock.

Odyssean Investment Trust Company Profile

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio.

Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250.