Albion Enterprise VCT (LON:AAEV) Hits New 1-Year Low – Time to Sell?

Shares of Albion Enterprise VCT (LON:AAEV) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 106 ($1.33) and last traded at GBX 106 ($1.33), with a volume of 4 shares trading hands. The stock had previously closed at GBX 108.50 ($1.36).

Albion Enterprise VCT Price Performance

The firm has a fifty day simple moving average of GBX 110.39 and a 200 day simple moving average of GBX 115.21. The company has a market cap of £237.91 million, a price-to-earnings 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) EPS for the quarter. Albion Enterprise VCT had a return on equity of 85.97% and a net margin of 1,726.26%.

Albion Enterprise VCT Cuts Dividend

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