Odyssean Investment Trust (LON:OIT) Reaches New 52-Week High – Here’s Why

Odyssean Investment Trust (LON:OIT)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 182.60 and last traded at GBX 178.50, with a volume of 148473 shares traded. The stock had previously closed at GBX 178.50.

Odyssean Investment Trust Price Performance

The business’s fifty day moving average price is GBX 169.13 and its 200 day moving average price is GBX 162.98. The firm has a market capitalization of £245.26 million, a PE ratio of -57.58 and a beta of 0.75.

Odyssean Investment Trust (LON:OIT) last released its quarterly earnings results on Monday, December 1st. The company reported GBX (0.20) earnings per share (EPS) for the quarter. Odyssean Investment Trust had a negative return on equity of 2.33% and a net margin of 186.18%.

Insider Buying and Selling at Odyssean Investment Trust

In related news, insider Indraneil (Neil) Mahapatra purchased 33,452 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was purchased at an average cost of GBX 169 per share, with a total value of £56,533.88. Also, insider Richard King acquired 2,790 shares of the company’s stock in a transaction on Monday, January 5th. The stock was purchased at an average cost of GBX 169 per share, for a total transaction of £4,715.10. In the last ninety days, insiders have purchased 56,342 shares of company stock worth $9,501,698. 0.96% of the stock is currently owned by insiders.

About Odyssean Investment Trust