Oryx International Growth Fund (LON:OIG) Trading Down 1.3% – Here’s Why

Oryx International Growth Fund Limited (LON:OIG)’s stock price dropped 1.3% during trading on Tuesday . The company traded as low as GBX 1,120 ($14.20) and last traded at GBX 1,165 ($14.77). Approximately 19,641 shares were traded during trading, an increase of 144% from the average daily volume of 8,040 shares. The stock had previously closed at GBX 1,180 ($14.96).

Oryx International Growth Fund Stock Performance

The firm has a market capitalization of £162.40 million, a P/E ratio of 644.44 and a beta of 0.88. The company’s fifty day simple moving average is GBX 1,303.96 and its 200 day simple moving average is GBX 1,350.14.

Insiders Place Their Bets

In other Oryx International Growth Fund news, insider Christopher Mills bought 5,000 shares of Oryx International Growth Fund stock in a transaction dated Monday, September 2nd. The shares were purchased at an average cost of GBX 1,435 ($18.19) per share, with a total value of £71,750 ($90,960.95). Also, insider Jamie Brooke bought 8,000 shares of Oryx International Growth Fund stock in a transaction dated Monday, September 16th. The stock was acquired at an average cost of GBX 1,425 ($18.07) per share, for a total transaction of £114,000 ($144,523.33). In the last ninety days, insiders purchased 33,000 shares of company stock worth $47,090,000. 6.55% of the stock is currently owned by corporate insiders.

About Oryx International Growth Fund

Oryx International Growth Fund Ltd is a closed ended equity mutual fund launched and managed by Harwood Capital LLP. The fund invests in the public equity markets of the United Kingdom and United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies.