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Odyssean Investment Trust (LON:OIT) Reaches New 52-Week Low - Here's What Happened

Odyssean Investment Trust logo with background

Shares of Odyssean Investment Trust (LON:OIT - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 150 ($1.87) and last traded at GBX 151.50 ($1.89), with a volume of 63535 shares. The stock had previously closed at GBX 154.50 ($1.93).

Odyssean Investment Trust Price Performance

The company has a market capitalization of £184.83 million, a price-to-earnings ratio of 2,525.00 and a beta of 0.75. The firm has a fifty day simple moving average of GBX 154.95 and a 200 day simple moving average of GBX 165.24.

Insider Activity

In other Odyssean Investment Trust news, insider Richard King bought 2,855 shares of Odyssean Investment Trust stock in a transaction dated Monday, January 6th. The stock was acquired at an average cost of GBX 153 ($1.91) per share, for a total transaction of £4,368.15 ($5,449.29). Also, insider Arabella Cecil purchased 3,016 shares of the stock in a transaction that occurred on Wednesday, October 9th. The shares were acquired at an average price of GBX 168 ($2.10) per share, for a total transaction of £5,066.88 ($6,320.96). Insiders own 15.83% of the company's stock.

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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