Odyssean Investment Trust (LON:OIT) Hits New 1-Year Low – Time to Sell?

Odyssean Investment Trust (LON:OIT)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 146 ($1.84) and last traded at GBX 147.50 ($1.86), with a volume of 159063 shares. The stock had previously closed at GBX 148 ($1.86).

Odyssean Investment Trust Price Performance

The firm has a market capitalization of £194.94 million, a P/E ratio of -40.24 and a beta of 0.75. The stock’s fifty day simple moving average is GBX 152.33 and its 200 day simple moving average is GBX 159.76.

Odyssean Investment Trust (LON:OIT) last announced its earnings results on Thursday, November 28th. The company reported GBX (0.10) ($0.00) EPS for the quarter. Odyssean Investment Trust had a negative return on equity of 2.33% and a net margin of 186.18%.

Insider Transactions at Odyssean Investment Trust

In other news, insider Richard King bought 2,855 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were purchased at an average price of GBX 153 ($1.92) per share, for a total transaction of £4,368.15 ($5,493.84). Also, insider Arabella Cecil bought 3,397 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The stock was purchased at an average price of GBX 150 ($1.89) per share, for a total transaction of £5,095.50 ($6,408.63). Insiders own 15.83% of the company’s stock.

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.