Unicorn AIM VCT (LON:UAV) Shares Pass Above 50-Day Moving Average – Here’s Why

Unicorn AIM VCT (LON:UAV)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 78.39 ($1.02) and traded as high as GBX 80.50 ($1.04). Unicorn AIM VCT shares last traded at GBX 79.50 ($1.03), with a volume of 641,338 shares changing hands.

Unicorn AIM VCT Stock Down 3.1 %

The stock has a 50 day simple moving average of GBX 78.54 and a 200 day simple moving average of GBX 86.71. The stock has a market cap of £150.26 million, a price-to-earnings ratio of -1,300.00 and a beta of 0.11.

Unicorn AIM VCT Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 2nd were paid a GBX 6 ($0.08) dividend. This represents a yield of 6.67%. The ex-dividend date of this dividend was Thursday, January 2nd. This is a boost from Unicorn AIM VCT’s previous dividend of $3.00. Unicorn AIM VCT’s dividend payout ratio (DPR) is -11,666.67%.

Insider Buying and Selling at Unicorn AIM VCT

In related news, insider Julian Bartlett bought 43,673 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were bought at an average price of GBX 92 ($1.19) per share, with a total value of £40,179.16 ($52,099.53). Insiders own 0.16% of the company’s stock.

About Unicorn AIM VCT

Unicorn AIM VCT plc is a venture capital trust specializing in venture capital investments. It tends to invest in a diverse range of sectors including software, computer services, pharmaceuticals and biotechnology.