Invesco Perpetual UK Smaller (LON:IPU) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Invesco Perpetual UK Smaller (LON:IPU)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 368.20 ($4.76) and traded as low as GBX 345.98 ($4.47). Invesco Perpetual UK Smaller shares last traded at GBX 352.50 ($4.55), with a volume of 196,490 shares traded.

Invesco Perpetual UK Smaller Stock Performance

The company has a fifty day simple moving average of GBX 368.20 and a 200 day simple moving average of GBX 393.42. The stock has a market capitalization of £105.17 million, a price-to-earnings ratio of 6.43 and a beta of 1.03.

Insider Buying and Selling

In other Invesco Perpetual UK Smaller news, insider Bridget Guerin purchased 6,419 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was purchased at an average cost of GBX 387 ($5.00) per share, for a total transaction of £24,841.53 ($32,099.15). Also, insider Mike Prentis acquired 5,161 shares of the company’s stock in a transaction dated Tuesday, January 7th. The stock was acquired at an average cost of GBX 385 ($4.97) per share, for a total transaction of £19,869.85 ($25,674.96). 4.73% of the stock is owned by insiders.

About Invesco Perpetual UK Smaller

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.