Odyssean Investment Trust (LON:OIT) Stock Price Up 0.7% – Time to Buy?

Odyssean Investment Trust (LON:OIT) shares rose 0.7% during mid-day trading on Tuesday . The company traded as high as GBX 153.50 ($1.92) and last traded at GBX 153.50 ($1.92). Approximately 39,017 shares were traded during trading, a decline of 82% from the average daily volume of 221,467 shares. The stock had previously closed at GBX 152.50 ($1.91).

Odyssean Investment Trust Price Performance

The stock has a market capitalization of £187.27 million, a P/E ratio of 2,558.33 and a beta of 0.75. The stock’s fifty day moving average price is GBX 155.53 and its 200 day moving average price is GBX 166.08.

Insider Buying and Selling at Odyssean Investment Trust

In other news, insider Arabella Cecil acquired 3,016 shares of Odyssean Investment Trust stock in a transaction on Wednesday, October 9th. The shares were bought at an average cost of GBX 168 ($2.10) per share, for a total transaction of £5,066.88 ($6,340.73). 15.83% of the stock is owned by corporate insiders.

About Odyssean Investment Trust

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.