Woodford Patient Capital Trust (LON:WPCT) Stock Price Down 2% – Here’s Why

Woodford Patient Capital Trust PLC (LON:WPCT) traded down 2% during trading on Monday . The company traded as low as GBX 32.61 ($0.41) and last traded at GBX 33.60 ($0.42). 1,888,608 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 2,977,771 shares. The stock had previously closed at GBX 34.30 ($0.43).

Woodford Patient Capital Trust Price Performance

The company has a market cap of £305.30 million and a PE ratio of 5.33. The company’s 50 day simple moving average is GBX 33.60 and its two-hundred day simple moving average is GBX 33.60.

About Woodford Patient Capital Trust

Woodford Patient Capital Trust plc specializes in investments in startups, early stage, growth stage, and mature stage investments. These include companies at a pre-revenue and pre-profit stage which have strong intellectual property and technology. The fund primarily invests in the healthcare, financials, industrials, technology, consumer goods, telecommunications, basic materials, and biotechnology sector.