Albion Technology & Gen VCT (LON:AATG) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Albion Technology & Gen VCT (LON:AATG)’s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 68.38 ($0.89) and traded as low as GBX 68 ($0.88). Albion Technology & Gen VCT shares last traded at GBX 68 ($0.88), with a volume of 41,231 shares changing hands.

Albion Technology & Gen VCT Stock Down 2.2 %

The business has a 50-day simple moving average of GBX 68.38 and a two-hundred day simple moving average of GBX 69.18. The stock has a market capitalization of £129.74 million and a price-to-earnings ratio of 23.22.

Insiders Place Their Bets

In other Albion Technology & Gen VCT news, insider Swarupa Pathakji bought 8,049 shares of the stock in a transaction on Friday, March 21st. The shares were purchased at an average price of GBX 75 ($0.97) per share, with a total value of £6,036.75 ($7,838.92). Insiders own 0.41% of the company’s stock.

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.