Odyssean Investment Trust (LON:OIT) Hits New 1-Year High – Time to Buy?

Shares of Odyssean Investment Trust (LON:OIT) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 184 and last traded at GBX 183, with a volume of 93173 shares trading hands. The stock had previously closed at GBX 178.

Odyssean Investment Trust Trading Up 2.8%

The business’s 50 day simple moving average is GBX 172.63 and its 200 day simple moving average is GBX 164.71. The firm has a market capitalization of £251.90 million, a PE ratio of -59.03 and a beta of 0.75.

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

Insider Activity

In related news, insider Peter Hewitt purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were bought at an average price of GBX 168 per share, for a total transaction of £16,800. Also, insider Richard King purchased 2,790 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average price of GBX 169 per share, with a total value of £4,715.10. In the last 90 days, insiders have purchased 56,342 shares of company stock valued at $9,501,698. 0.97% of the stock is currently owned by insiders.

About Odyssean Investment Trust