Richard Glover Buys 62,227 Shares of Crown Place VCT (LON:CRWN) Stock

Crown Place VCT (LON:CRWN) insider Richard Glover purchased 62,227 shares of the firm’s stock in a transaction on Friday, March 21st. The shares were acquired at an average price of GBX 32 ($0.41) per share, for a total transaction of £19,912.64 ($25,713.64).

Crown Place VCT Stock Performance

Shares of LON:CRWN traded down GBX 0.70 ($0.01) during midday trading on Monday, reaching GBX 29 ($0.37). 34,543 shares of the company’s stock were exchanged, compared to its average volume of 203,643. The company’s 50 day simple moving average is GBX 29.02 and its two-hundred day simple moving average is GBX 29.53. Crown Place VCT has a 12 month low of GBX 28 ($0.36) and a 12 month high of GBX 31.20 ($0.40). The firm has a market capitalization of £88.19 million, a PE ratio of 38.11 and a beta of 0.09.

Crown Place VCT Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 0.78 ($0.01) per share. This represents a yield of 2.63%. The ex-dividend date of this dividend is Thursday, April 10th. Crown Place VCT’s dividend payout ratio is 262.86%.

About Crown Place VCT

Crown Place VCT PLC is a Venture Capital Trust specializes in early stage and growth stage investments.it prefer to invest in pubs, health and fitness clubs, cinemas, business services, healthcare technology, information technology, fintech and environmental sectors. The fund seeks to invest in smaller unquoted companies based in the United Kingdom.