Invesco Perpetual UK Smaller (LON:IPU) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Shares of Invesco Perpetual UK Smaller (LON:IPU) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 383.72 ($4.74) and traded as low as GBX 377 ($4.66). Invesco Perpetual UK Smaller shares last traded at GBX 378 ($4.67), with a volume of 219,841 shares changing hands.

Invesco Perpetual UK Smaller Stock Performance

The company’s fifty day moving average price is GBX 383.72 and its 200 day moving average price is GBX 411.72. The company has a market cap of £129.10 million, a PE ratio of -1,734.55 and a beta of 1.03. The company has a debt-to-equity ratio of 5.42, a current ratio of 0.10 and a quick ratio of 22.10.

Insider Activity

In related news, insider Mike Prentis purchased 5,161 shares of Invesco Perpetual UK Smaller stock in a transaction that occurred on Tuesday, January 7th. The stock was bought at an average price of GBX 385 ($4.76) per share, for a total transaction of £19,869.85 ($24,554.93). Also, insider Bridget Guerin purchased 6,419 shares of Invesco Perpetual UK Smaller stock in a transaction that occurred on Friday, January 3rd. The shares were bought at an average price of GBX 387 ($4.78) per share, with a total value of £24,841.53 ($30,698.88). 4.73% of the stock is currently owned by corporate 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.