Albion Enterprise VCT (LON:AAEV) Reaches New 12-Month Low – Here’s Why

Albion Enterprise VCT (LON:AAEV) hit a new 52-week low on Tuesday . The company traded as low as GBX 106 ($1.34) and last traded at GBX 106 ($1.34), with a volume of 533 shares. The stock had previously closed at GBX 108.50 ($1.37).

Albion Enterprise VCT Trading Down 2.3 %

The stock’s fifty day moving average price is GBX 111 and its 200 day moving average price is GBX 115.74. The stock has a market cap of £237.91 million, a P/E ratio of 0.94 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV) last announced its quarterly earnings results on Wednesday, November 27th. The company reported GBX 0.69 ($0.01) earnings per share (EPS) for the quarter. Albion Enterprise VCT had a net margin of 1,726.26% and a return on equity of 85.97%.

Albion Enterprise VCT Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be given a GBX 3.28 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 2.89%. Albion Enterprise VCT’s payout ratio is 5.34%.

About Albion Enterprise VCT

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.