TLDR:
- Albion Venture Capital Trust (LON:AAVC) share price falls below 50-day moving average of $44.17
- The company’s market capitalization is £60.84 million with a P/E ratio of -1,466.67
Albion Venture Capital Trust PLC’s share price dropped below its fifty-day moving average on Friday, trading as low as GBX 44 ($0.55). The company has a market capitalization of £60.84 million, a P/E ratio of -1,466.67, and a beta of -0.08. The stock recently cut its dividend, paying out GBX 1.19 ($0.01) per share to stockholders. Albion Venture Capital Trust specializes in early and growth-stage investments in sectors like information technology, healthcare technology, environmental, and fintech companies.
Overall, the company’s performance and dividend payout raise concerns for investors, indicating potential challenges ahead in the market.
