Albion Technology & Gen VCT (LON:AATG) Share Price Passes Above 50 Day Moving Average – What’s Next?

Shares of Albion Technology & Gen VCT (LON:AATG) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 70.06 ($0.91) and traded as high as GBX 71.50 ($0.93). Albion Technology & Gen VCT shares last traded at GBX 71.50 ($0.93), with a volume of 100 shares.

Albion Technology & Gen VCT Stock Up 2.1 %

The stock has a market capitalization of £136.18 million and a price-to-earnings ratio of 3,575.00. The company has a 50 day simple moving average of GBX 70.06 and a 200-day simple moving average of GBX 68.81.

Albion Technology & Gen VCT Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 14th will be given a dividend of GBX 1.88 ($0.02) per share. This represents a dividend yield of 2.65%. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Albion Technology & Gen VCT’s previous dividend of $1.80. Albion Technology & Gen VCT’s payout ratio is presently 20,000.00%.

About Albion Technology & Gen VCT

Albion Technology & General VCT PLC is a venture Capital Trust specialize in early stage and growth stage investments.it prefer to invest in health tech, digital risk, Data and artificial intelligence, fintech and information technology related sector companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture.