Invesco Perpetual UK Smaller (LON:IPU) Shares Cross Below 50-Day Moving Average - Time to Sell?

Invesco Perpetual UK Smaller (LON:IPU - Get Free Report)'s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 368.20 ($4.77) and traded as low as GBX 345.98 ($4.48). Invesco Perpetual UK Smaller shares last traded at GBX 352.50 ($4.56), with a volume of 196,490 shares traded.

Invesco Perpetual UK Smaller Price Performance

The stock's fifty day simple moving average is GBX 366.47 and its 200-day simple moving average is GBX 391.88. The firm has a market cap of £105.62 million, a PE ratio of 6.45 and a beta of 1.03.

Insider Activity

In related news, insider Bridget Guerin purchased 6,419 shares of the firm's stock in a transaction that occurred on Friday, January 3rd. The shares were purchased at an average cost of GBX 387 ($5.01) per share, with a total value of £24,841.53 ($32,153.16). Also, insider Mike Prentis acquired 5,161 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was purchased at an average price of GBX 385 ($4.98) per share, for a total transaction of £19,869.85 ($25,718.16). Insiders own 4.73% of the company's stock.

About Invesco Perpetual UK Smaller

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.