Unicorn AIM VCT (LON:UAV) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Unicorn AIM VCT (LON:UAV)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.

Unicorn AIM VCT Stock Performance

The stock’s 50-day moving average is GBX 78.88 and its 200 day moving average is GBX 86.25. The stock 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. Stockholders of record on Thursday, January 2nd were issued a GBX 6 ($0.08) dividend. This is an increase from Unicorn AIM VCT’s previous dividend of $3.00. This represents a dividend yield of 6.67%. The ex-dividend date of this dividend was Thursday, January 2nd. Unicorn AIM VCT’s dividend payout ratio is presently -11,666.67%.

Insider Activity

In other news, insider Julian Bartlett acquired 43,673 shares of the company’s stock in a transaction on Tuesday, March 11th. The shares were bought at an average cost of GBX 92 ($1.18) per share, with a total value of £40,179.16 ($51,730.60). Corporate insiders own 0.16% of the company’s stock.

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.