Albion Enterprise VCT (LON:AAEV) Reaches New 1-Year Low – What’s Next?

Shares of Albion Enterprise VCT (LON:AAEV) reached a new 52-week low on Tuesday . The company traded as low as GBX 109 ($1.36) and last traded at GBX 114 ($1.42), with a volume of 2489 shares changing hands. The stock had previously closed at GBX 111.50 ($1.39).

Albion Enterprise VCT Stock Up 2.2 %

The business has a fifty day simple moving average of GBX 111.63 and a two-hundred day simple moving average of GBX 116.87. The company has a market cap of £126.59 million, a P/E ratio of 3,800.00 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV) last posted its earnings results on Wednesday, November 27th. The company reported GBX 0.69 ($0.01) earnings per share for the quarter. Albion Enterprise VCT had a return on equity of 1.38% and a net margin of 34.61%.

Albion Enterprise VCT Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be given a GBX 3.28 ($0.04) dividend. This represents a yield of 2.89%. The ex-dividend date of this dividend is Thursday, February 6th. Albion Enterprise VCT’s payout ratio is 20,000.00%.

Albion Enterprise VCT Company Profile

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.