Odyssean Investment Trust (LON:OIT) Sets New 52-Week Low – Here’s What Happened

Posted by Dante Gardener on Jan 7th, 2025

Odyssean Investment Trust (LON:OIT – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 150 ($1.88) and last traded at GBX 151.50 ($1.90), with a volume of 63535 shares changing hands. The stock had previously closed at GBX 154.50 ($1.93).

Odyssean Investment Trust Stock Performance

The stock has a market cap of £184.83 million, a P/E ratio of 2,525.00 and a beta of 0.75. The stock’s fifty day moving average is GBX 155.03 and its 200 day moving average is GBX 165.40.

Insiders Place Their Bets

In related news, insider Arabella Cecil purchased 3,016 shares of the business’s stock in a transaction dated Wednesday, October 9th. The shares were purchased at an average cost of GBX 168 ($2.10) per share, for a total transaction of £5,066.88 ($6,339.15). Also, insider Richard King acquired 2,855 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were bought at an average price of GBX 153 ($1.91) per share, with a total value of £4,368.15 ($5,464.97). 15.83% of the stock is owned by insiders.

About Odyssean Investment Trust

(Get Free Report)

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.