Odyssean Investment Trust (LON:OIT) Sets New 12-Month Low – Time to Sell?

Odyssean Investment Trust (LON:OIT) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 134.50 ($1.74) and last traded at GBX 135 ($1.74), with a volume of 248959 shares trading hands. The stock had previously closed at GBX 135.50 ($1.75).

Odyssean Investment Trust Trading Down 0.4 %

The firm has a market cap of £180.87 million, a price-to-earnings ratio of -37.34 and a beta of 0.75. The firm’s 50-day moving average is GBX 147.79 and its 200-day moving average is GBX 155.96.

Insider Transactions at Odyssean Investment Trust

In related news, insider Arabella Cecil bought 3,397 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were purchased at an average cost of GBX 150 ($1.94) per share, with a total value of £5,095.50 ($6,579.08). Also, insider Richard King bought 2,855 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was bought at an average cost of GBX 153 ($1.98) per share, for a total transaction of £4,368.15 ($5,639.96). Insiders own 15.83% of the company’s stock.

About Odyssean Investment Trust

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.