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Albion Enterprise VCT (LON:AAEV) Share Price Crosses Above Fifty Day Moving Average - Here's What Happened

Albion Enterprise VCT logo with Financial Services background

Albion Enterprise VCT (LON:AAEV - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 111.96 ($1.37) and traded as high as GBX 114 ($1.39). Albion Enterprise VCT shares last traded at GBX 114 ($1.39), with a volume of 4 shares changing hands.

Albion Enterprise VCT Price Performance

The stock has a 50-day simple moving average of GBX 111.87 and a 200-day simple moving average of GBX 117.79. The stock has a market cap 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. Shareholders of record on Thursday, February 6th will be issued a GBX 3.28 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.89%. Albion Enterprise VCT's payout ratio is presently 20,000.00%.

Albion Enterprise VCT Company Profile

(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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