Odyssean Investment Trust (LON:OIT) Hits New 1-Year Low – What’s Next?

Odyssean Investment Trust (LON:OIT) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 134 ($1.73) and last traded at GBX 134.98 ($1.75), with a volume of 345101 shares traded. The stock had previously closed at GBX 135.50 ($1.75).

Odyssean Investment Trust Stock Up 0.8 %

The company has a market capitalization of £180.96 million, a PE ratio of -37.36 and a beta of 0.75. The firm’s 50 day simple moving average is GBX 146.48 and its 200 day simple moving average is GBX 154.81.

Insider Transactions at Odyssean Investment Trust

In related news, insider Richard King bought 3,200 shares of Odyssean Investment Trust stock in a transaction dated Monday, March 24th. The shares were acquired at an average cost of GBX 138 ($1.79) per share, with a total value of £4,416 ($5,715.76). Also, insider Arabella Cecil purchased 3,397 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were purchased at an average price of GBX 150 ($1.94) per share, for a total transaction of £5,095.50 ($6,595.26). In the last quarter, insiders bought 9,452 shares of company stock worth $1,387,965. 15.83% of the stock is currently owned by 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.