Woodford Patient Capital Trust (LON:WPCT) Shares Down 2% – Here’s Why

Shares of Woodford Patient Capital Trust PLC (LON:WPCTGet Free Report) dropped 2% during mid-day trading on Friday . The company traded as low as GBX 32.61 ($0.41) and last traded at GBX 33.60 ($0.42). Approximately 1,888,608 shares were traded during trading, a decline of 37% from the average daily volume of 2,977,771 shares. The stock had previously closed at GBX 34.30 ($0.43).

Woodford Patient Capital Trust Trading Down 2.0 %

The firm has a 50 day moving average price of GBX 33.60 and a 200 day moving average price of GBX 33.60. The stock has a market capitalization of £305.30 million and a PE ratio of 5.33.

Woodford Patient Capital Trust Company Profile

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Woodford Patient Capital Trust plc specializes in investments in startups, early stage, growth stage, and mature stage investments. These include companies at a pre-revenue and pre-profit stage which have strong intellectual property and technology. The fund primarily invests in the healthcare, financials, industrials, technology, consumer goods, telecommunications, basic materials, and biotechnology sector.

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