Unicorn AIM VCT (LON:UAV) Shares Pass Below 200 Day Moving Average – Here’s Why

Unicorn AIM VCT (LON:UAV) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 86.25 ($1.11) and traded as low as GBX 77 ($0.99). Unicorn AIM VCT shares last traded at GBX 77 ($0.99), with a volume of 7,495 shares.

Unicorn AIM VCT Stock Down 4.3 %

The stock’s fifty day simple moving average is GBX 78.88 and its 200-day simple moving average is GBX 86.25. The company has a market capitalization of £148.33 million, a PE ratio of -1,283.33 and a beta of 0.11.

Unicorn AIM VCT Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 2nd were issued a dividend of GBX 6 ($0.08) per share. The ex-dividend date of this dividend was Thursday, January 2nd. This is a boost from Unicorn AIM VCT’s previous dividend of $3.00. This represents a yield of 6.67%. Unicorn AIM VCT’s payout ratio is currently -11,666.67%.

Insiders Place Their Bets

In other Unicorn AIM VCT news, insider Julian Bartlett purchased 43,673 shares of the stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average cost of GBX 92 ($1.18) per share, for a total transaction of £40,179.16 ($51,730.60). 0.16% of the stock is owned by company insiders.

About Unicorn AIM VCT

Unicorn AIM VCT plc is a venture capital trust specializing in venture capital investments. It tends to invest in a diverse range of sectors including software, computer services, pharmaceuticals and biotechnology.