Amati AIM VCT (LON:AMAT) Reaches New 52-Week Low – Here’s Why

Amati AIM VCT (LON:AMATGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 68 ($0.88) and last traded at GBX 68 ($0.88), with a volume of 66967 shares changing hands. The stock had previously closed at GBX 68.50 ($0.89).

Amati AIM VCT Stock Performance

The business has a fifty day simple moving average of GBX 69.93 and a 200 day simple moving average of GBX 73.16. The stock has a market cap of £99.83 million, a price-to-earnings ratio of -9.35 and a beta of 0.54.

About Amati AIM VCT

(Get Free Report)

The investment objective of Amati AIM VCT plc (the “Company”) is to generate tax free capital gains and regular dividend income for its shareholders, primarily through Qualifying Investments in AIM-traded companies and through Non-Qualifying Investments as allowed by the VCT legislation. The Company will manage its portfolio to comply with the requirements of the rules and regulations applicable to VCTs.

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