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Odyssean Investment Trust (LON:OIT) Hits New 52-Week Low - What's Next?

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Odyssean Investment Trust (LON:OIT - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 146 ($1.86) and last traded at GBX 147.50 ($1.87), with a volume of 159063 shares traded. The stock had previously closed at GBX 148 ($1.88).

Odyssean Investment Trust Stock Up 0.3 %

The business has a 50-day moving average price of GBX 152.21 and a 200-day moving average price of GBX 159.49. The company has a market capitalization of £195.61 million, a price-to-earnings ratio of -40.38 and a beta of 0.75.

Odyssean Investment Trust (LON:OIT - Get Free Report) last posted its quarterly earnings results on Thursday, November 28th. The company reported GBX (0.10) ($0.00) earnings per share for the quarter. Odyssean Investment Trust had a net margin of 186.18% and a negative return on equity of 2.33%.

Insider Activity at Odyssean Investment Trust

In other Odyssean Investment Trust news, insider Arabella Cecil purchased 3,397 shares of the company's stock in a transaction that occurred on Friday, January 10th. The shares were purchased at an average cost of GBX 150 ($1.91) per share, with a total value of £5,095.50 ($6,475.41). Also, insider Richard King purchased 2,855 shares of the company's stock in a transaction that occurred on Monday, January 6th. The shares were acquired at an average cost of GBX 153 ($1.94) per share, for a total transaction of £4,368.15 ($5,551.09). 15.83% of the stock is owned by insiders.

About Odyssean Investment Trust

(Get Free Report)

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio. Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250.

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