Amati AIM VCT (LON:AMAT) Reaches New 52-Week Low – Here’s Why

Amati AIM VCT (LON:AMATGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 68 ($0.88) and last traded at GBX 68 ($0.88), with a volume of 15614 shares trading hands. The stock had previously closed at GBX 68.50 ($0.89).

Amati AIM VCT Stock Performance

The company has a 50 day moving average price of GBX 70.51 and a 200 day moving average price of GBX 74. The firm has a market cap of £99.83 million, a price-to-earnings ratio of -9.35 and a beta of 0.54.

About Amati AIM VCT

(Get Free Report)

The investment objective of Amati AIM VCT plc (the “Company”) is to generate tax free capital gains and regular dividend income for its shareholders, primarily through Qualifying Investments in AIM-traded companies and through Non-Qualifying Investments as allowed by the VCT legislation. The Company will manage its portfolio to comply with the requirements of the rules and regulations applicable to VCTs.

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