Albion Technology & Gen VCT (LON:AATG) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Albion Technology & Gen VCT (LON:AATG) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 66.12 and traded as low as GBX 64.50. Albion Technology & Gen VCT shares last traded at GBX 64.50, with a volume of 755 shares traded.

Albion Technology & Gen VCT Trading Down 2.3%

The company has a 50 day simple moving average of GBX 66.12 and a 200 day simple moving average of GBX 66.44. The stock has a market cap of £255.11 million and a P/E ratio of 179.17.

Insider Transactions at Albion Technology & Gen VCT

In other Albion Technology & Gen VCT news, insider Simon Thorpe purchased 14,056 shares of the stock in a transaction on Friday, December 19th. The shares were purchased at an average cost of GBX 71 per share, for a total transaction of £9,979.76. Insiders own 0.26% of the company’s stock.

Albion Technology & Gen VCT Company Profile

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. It prefers to invest in technology and nontechnology-related companies based in the United Kingdom The fund seeks to invest half of the assets in quoted global technology stocks and the remaining assets in unquoted UK non-tech companies.