Invesco Perpetual UK Smaller (LON:IPU) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Invesco Perpetual UK Smaller (LON:IPU)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 389.58 ($4.81) and traded as low as GBX 370 ($4.57). Invesco Perpetual UK Smaller shares last traded at GBX 370 ($4.57), with a volume of 40,698 shares traded.

Invesco Perpetual UK Smaller Trading Up 1.6 %

The company has a debt-to-equity ratio of 5.42, a current ratio of 0.10 and a quick ratio of 22.10. The business has a 50-day simple moving average of GBX 389.58 and a two-hundred day simple moving average of GBX 417.61. The stock has a market cap of £127.20 million, a price-to-earnings ratio of -1,709.09 and a beta of 1.03.

Insider Buying and Selling

In related news, insider Bridget Guerin purchased 6,419 shares of the stock in a transaction on Friday, January 3rd. The shares were purchased at an average cost of GBX 387 ($4.78) per share, with a total value of £24,841.53 ($30,683.71). Also, insider Mike Prentis acquired 5,161 shares of Invesco Perpetual UK Smaller stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average price of GBX 385 ($4.76) per share, with a total value of £19,869.85 ($24,542.80). 4.73% of the stock is owned by insiders.

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.