Invesco Perpetual UK Smaller (LON:IPU) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Invesco Perpetual UK Smaller (LON:IPU) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 381.08 ($4.81) and traded as low as GBX 374.65 ($4.73). Invesco Perpetual UK Smaller shares last traded at GBX 374.65 ($4.73), with a volume of 27,324 shares changing hands.

Invesco Perpetual UK Smaller Price Performance

The stock has a market capitalization of £114.30 million, a price-to-earnings ratio of 6.98 and a beta of 1.03. The business’s fifty day moving average price is GBX 381.08 and its 200-day moving average price is GBX 408.07.

Insider Buying and Selling at Invesco Perpetual UK Smaller

In other Invesco Perpetual UK Smaller news, insider Mike Prentis purchased 5,161 shares of the stock in a transaction dated Tuesday, January 7th. The shares were bought at an average price of GBX 385 ($4.86) per share, with a total value of £19,869.85 ($25,066.04). Also, insider Bridget Guerin purchased 6,419 shares of the stock in a transaction dated Friday, January 3rd. The stock was acquired at an average cost of GBX 387 ($4.88) per share, for a total transaction of £24,841.53 ($31,337.87). Corporate insiders own 4.73% of the company’s stock.

Invesco Perpetual UK Smaller Company Profile

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.