Amati AIM VCT (LON:AMAT) Hits New 52-Week Low - Time to Sell?


Amati AIM VCT (LON:AMAT) Hits New 52-Week Low  - Time to Sell?

Amati AIM VCT (LON:AMAT - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 69 ($0.87) and last traded at GBX 69 ($0.87), with a volume of 32977 shares traded. The stock had previously closed at GBX 69.98 ($0.88).

The company has a market capitalization of £101.29 million, a P/E ratio of -9.48 and a beta of 0.54. The business has a 50 day moving average price of GBX 70.86 and a 200 day moving average price of GBX 74.82.

The company also recently announced a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 19th were paid a GBX 4 ($0.05) dividend. This represents a yield of 5.37%. The ex-dividend date of this dividend was Thursday, December 19th. This is an increase from Amati AIM VCT's previous dividend of $2.50. Amati AIM VCT's dividend payout ratio is presently -68.72%.

The investment objective of Amati AIM VCT plc (the "Company") is to generate tax free capital gains and regular dividend income for its shareholders, primarily through Qualifying Investments in AIM-traded companies and through Non-Qualifying Investments as allowed by the VCT legislation. The Company will manage its portfolio to comply with the requirements of the rules and regulations applicable to VCTs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Amati AIM VCT, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amati AIM VCT wasn't on the list.

While Amati AIM VCT currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

corporate

12259

tech

11464

entertainment

15197

research

7021

misc

16083

wellness

12336

athletics

16099