Albion Enterprise VCT (LON:AAEV) Hits New 12-Month Low – Here’s What Happened

Shares of Albion Enterprise VCT (LON:AAEV) reached a new 52-week low on Tuesday . The stock traded as low as GBX 109 ($1.35) and last traded at GBX 109 ($1.35), with a volume of 1811 shares traded. The stock had previously closed at GBX 111.50 ($1.38).

Albion Enterprise VCT Price Performance

The company has a market cap of £126.59 million, a P/E ratio of 3,800.00 and a beta of 0.03. The stock’s 50-day moving average price is GBX 111.61 and its 200-day moving average price is GBX 117.08.

Albion Enterprise VCT (LON:AAEV) last announced its earnings results 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 business also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be paid a dividend of GBX 3.28 ($0.04) per share. The ex-dividend date is Thursday, February 6th. This represents a yield of 2.89%. Albion Enterprise VCT’s dividend payout ratio (DPR) is presently 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.