Hargreave Hale AIM VCT (LON:HHV) Sets New 12-Month Low – What’s Next?

Shares of Hargreave Hale AIM VCT (LON:HHV) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 32.60 ($0.42) and last traded at GBX 32.60 ($0.42), with a volume of 168990 shares traded. The stock had previously closed at GBX 33.60 ($0.43).

Hargreave Hale AIM VCT Stock Down 3.0 %

The business has a fifty day moving average price of GBX 34.42 and a 200-day moving average price of GBX 36.44. The company has a market cap of £119.21 million, a P/E ratio of -18.11 and a beta of 0.38.

Hargreave Hale AIM VCT Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 2nd were issued a dividend of GBX 2.75 ($0.04) per share. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 7.16%. This is an increase from Hargreave Hale AIM VCT’s previous dividend of $2.50. Hargreave Hale AIM VCT’s dividend payout ratio (DPR) is currently -166.65%.

Insider Activity

In related news, insider Oliver Bedford purchased 69,462 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The stock was acquired at an average price of GBX 36 ($0.47) per share, with a total value of £25,006.32 ($32,328.79). 0.20% of the stock is owned by company insiders.

About Hargreave Hale AIM VCT

Hargreave Hale AIM VCT 1 plc is a venture capital trust specializing in United Kingdom based companies; primarily trading on AIM.