The Investment Company plc (LON:INV – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 384 ($4.99) and last traded at GBX 378.55 ($4.91), with a volume of 1918 shares changing hands. The stock had previously closed at GBX 370 ($4.80).
Investment Stock Up 2.3 %
The stock has a market capitalization of £6.97 million, a price-to-earnings ratio of 772.55 and a beta of 0.28. The company’s 50-day moving average is GBX 368.92 and its 200-day moving average is GBX 350.51.
About Investment
The Investment Company plc is a small registered, self-managed closed-ended balanced fund. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The fund is managed by Chelverton Asset Management Limited.
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