TLDR:
Albion Venture Capital Trust (LON:AAVC) hit a new 12-month low at $42.20. The company specializes in early and growth stage investments in sectors like information technology, healthcare technology, environmental, and fintech. They recently cut their dividend and do not invest in property, banking, or agriculture.
In detail, Albion Venture Capital Trust’s share price reached a new 52-week low at $42.20, with a market capitalization of £59.74 million. The firm focuses on investments in sectors like information technology, healthcare technology, environmental, and fintech. This venture capital trust recently cut its dividend, paying out GBX 1.19 per share.
Key Points:
- Albion Venture Capital Trust (LON:AAVC) hit a new 12-month low at $42.20.
- The company specializes in early and growth stage investments in sectors like information technology, healthcare technology, environmental, and fintech.
Overall, this news highlights the company’s struggles in the market and their investment focus on specific sectors. The recent cut in dividend payout also indicates potential financial challenges for the firm.