Albion Enterprise VCT (LON:AAEV) Reaches New 12-Month Low – Here’s Why

Shares of Albion Enterprise VCT (LON:AAEV) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 109 ($1.36) and last traded at GBX 114 ($1.42), with a volume of 51 shares changing hands. The stock had previously closed at GBX 111.50 ($1.39).

Albion Enterprise VCT Stock Performance

The firm’s fifty day simple moving average is GBX 111.70 and its 200 day simple moving average is GBX 117.39. The stock has a market capitalization of £121.03 million, a P/E ratio of 3,633.33 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV) last announced its quarterly earnings data on Wednesday, November 27th. The company reported GBX 0.69 ($0.01) earnings per share (EPS) for the quarter. Albion Enterprise VCT had a net margin of 34.61% and a return on equity of 1.38%.

Albion Enterprise VCT Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, February 6th will be given a dividend of GBX 3.28 ($0.04) per share. The ex-dividend date is Thursday, February 6th. This represents a dividend yield of 2.89%. Albion Enterprise VCT’s dividend payout ratio is currently 20,000.00%.

Albion Enterprise VCT Company Profile

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.