Odyssean Investment Trust (LON:OIT) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Odyssean Investment Trust (LON:OIT)’s stock price passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 236.79 and traded as high as GBX 240. Odyssean Investment Trust shares last traded at GBX 239, with a volume of 386,034 shares changing hands.

Odyssean Investment Trust Stock Performance

The stock has a market cap of £358.71 million, a P/E ratio of 7.13 and a beta of 1.06. The stock has a 50-day moving average price of GBX 236.79 and a 200-day moving average price of GBX 209.16.

Insider Buying and Selling at Odyssean Investment Trust

In related news, insider Richard King bought 1,970 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were acquired at an average cost of GBX 239 per share, with a total value of £4,708.30. Company insiders own 1.04% of the company’s stock.

Odyssean Investment Trust Company Profile

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio. Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250. Constructive corporate engagement will be a key part of Odyssean’s approach, drawing on the investment team’s lengthy and successful track record in this area. www.oitplc.com