Albion Enterprise VCT (LON:AAEV) Shares Pass Above 50 Day Moving Average – What’s Next?

Shares of Albion Enterprise VCT (LON:AAEVGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 106.51 and traded as high as GBX 107. Albion Enterprise VCT shares last traded at GBX 107, with a volume of 39 shares changing hands.

Albion Enterprise VCT Trading Down 2.4%

The company has a 50 day moving average price of GBX 106.51 and a 200-day moving average price of GBX 106.65. The company has a market cap of £263.85 million, a P/E ratio of 61.08 and a beta of 0.05.

Albion Enterprise VCT (LON:AAEVGet Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The company reported GBX 0.74 EPS for the quarter. Albion Enterprise VCT had a return on equity of 1.45% and a net margin of 61.06%.

About Albion Enterprise VCT

(Get Free Report)

Albion Enterprise VCT PLC is a venture capital trust specializing in early and growth stage investments. It seeks to invest in the information technology, software, pharmaceutical services, leisure sector, healthcare technology and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture. The fund invests in smaller unquoted companies based in the United Kingdom and invests in shares or securities including loans with a five year or greater maturity period.

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