Odyssean Investment Trust (LON:OIT) Hits New 1-Year Low – What’s Next?

Posted by Amber O'Connor on Jan 7th, 2025

Shares of Odyssean Investment Trust (LON:OIT – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 150 ($1.88) and last traded at GBX 151.50 ($1.90), with a volume of 63535 shares trading hands. The stock had previously closed at GBX 154.50 ($1.93).

Odyssean Investment Trust Price Performance

The company’s fifty day moving average is GBX 155.03 and its 200-day moving average is GBX 165.40. The company has a market capitalization of £184.83 million, a PE ratio of 2,525.00 and a beta of 0.75.

Insider Buying and Selling

In other news, insider Richard King bought 2,855 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was bought at an average price of GBX 153 ($1.91) per share, with a total value of £4,368.15 ($5,464.97). Also, insider Arabella Cecil purchased 3,016 shares of the business’s stock in a transaction on Wednesday, October 9th. The stock was purchased at an average cost of GBX 168 ($2.10) per share, for a total transaction of £5,066.88 ($6,339.15). 15.83% of the stock is currently owned by company insiders.

Odyssean Investment Trust Company Profile

(Get Free Report)

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.