Woodford Patient Capital Trust (LON:WPCT) Stock Price Down 2% – Here’s Why

Woodford Patient Capital Trust PLC (LON:WPCTGet Free Report)’s stock price dropped 2% on Friday . The stock traded as low as GBX 32.61 ($0.41) and last traded at GBX 33.60 ($0.42). Approximately 1,888,608 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 2,977,771 shares. The stock had previously closed at GBX 34.30 ($0.43).

Woodford Patient Capital Trust Stock Performance

The business’s 50-day simple moving average is GBX 33.60 and its 200-day simple moving average is GBX 33.60. The company has a market capitalization of £305.30 million and a PE ratio of 5.33.

Woodford Patient Capital Trust Company Profile

(Get Free Report)

Woodford Patient Capital Trust plc specializes in investments in startups, early stage, growth stage, and mature stage investments. These include companies at a pre-revenue and pre-profit stage which have strong intellectual property and technology. The fund primarily invests in the healthcare, financials, industrials, technology, consumer goods, telecommunications, basic materials, and biotechnology sector.

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