Albion Enterprise VCT (LON:AAEV) Hits New 12-Month Low - Should You Sell?

Albion Enterprise VCT (LON:AAEV - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 109 ($1.35) and last traded at GBX 114 ($1.41), with a volume of 2489 shares changing hands. The stock had previously closed at GBX 111.50 ($1.38).

Albion Enterprise VCT Stock Performance

The firm has a fifty day simple moving average of GBX 111.67 and a two-hundred day simple moving average of GBX 116.65. The firm has a market cap of £117.70 million, a PE ratio of 3,533.33 and a beta of 0.03.

Albion Enterprise VCT (LON:AAEV - Get Free Report) last released its quarterly 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 firm also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be paid a dividend of GBX 3.28 ($0.04) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 2.89%. Albion Enterprise VCT's dividend payout ratio is 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.