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Albion Enterprise VCT (LON:AAEV) Reaches New 52-Week Low - What's Next?

Albion Enterprise VCT logo with Financial Services background

Albion Enterprise VCT (LON:AAEV - Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 109 ($1.35) and last traded at GBX 109 ($1.35), with a volume of 5 shares trading hands. The stock had previously closed at GBX 111.50 ($1.39).

Albion Enterprise VCT Trading Down 2.2 %

The business's fifty day moving average price is GBX 112.18 and its 200 day moving average price is GBX 118.24. The company 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 Cuts Dividend

The company also recently announced 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. This represents a dividend yield of 2.89%. The ex-dividend date is Thursday, February 6th. Albion Enterprise VCT's dividend payout ratio (DPR) is currently 20,000.00%.

About Albion Enterprise VCT

(Get Free Report)

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.

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