Albion Enterprise VCT (LON:AAEV) Sets New 52-Week Low – Here’s Why

Albion Enterprise VCT (LON:AAEVGet Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 109 ($1.35) and last traded at GBX 109 ($1.35), with a volume of 5 shares. The stock had previously closed at GBX 111.50 ($1.39).

Albion Enterprise VCT Stock Down 2.2 %

The company has a market cap of £121.03 million, a price-to-earnings ratio of 3,633.33 and a beta of 0.03. The business has a 50-day simple moving average of GBX 112.18 and a two-hundred day simple moving average of GBX 118.24.

Albion Enterprise VCT Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be issued a dividend of GBX 3.28 ($0.04) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.89%. Albion Enterprise VCT’s dividend payout ratio (DPR) is presently 20,000.00%.

About Albion Enterprise VCT

(Get Free Report)

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.

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