Amati AIM VCT (LON:AMAT) Sets New 12-Month Low - What's Next?

Amati AIM VCT (LON:AMAT - Get Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 69 ($0.89) and last traded at GBX 69 ($0.89), with a volume of 32977 shares traded. The stock had previously closed at GBX 69.98 ($0.90).

Amati AIM VCT Price Performance

The company has a fifty day moving average of GBX 70.75 and a 200-day moving average of GBX 74.50. The firm has a market capitalization of £101.26 million, a PE ratio of -9.48 and a beta of 0.54.

Amati AIM VCT Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 19th were paid a GBX 4 ($0.05) dividend. This is a boost from Amati AIM VCT's previous dividend of $2.50. The ex-dividend date was Thursday, December 19th. This represents a dividend yield of 5.37%. Amati AIM VCT's payout ratio is presently -68.72%.

Amati AIM VCT Company Profile

The investment objective of Amati AIM VCT plc (the “Company”) is to generate tax free capital gains and regular dividend income for its shareholders, primarily through Qualifying Investments in AIM-traded companies and through Non-Qualifying Investments as allowed by the VCT legislation. The Company will manage its portfolio to comply with the requirements of the rules and regulations applicable to VCTs.