Investment (LON:INV) Trading Down 1.2% – Here’s Why

The Investment Company plc (LON:INVGet Free Report) shares dropped 1.2% on Monday . The stock traded as low as GBX 370.50 ($4.65) and last traded at GBX 370.50 ($4.65). Approximately 7,352 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 20,269 shares. The stock had previously closed at GBX 375 ($4.71).

Investment Price Performance

The company has a market cap of £6.82 million, a price-to-earnings ratio of 756.12 and a beta of 0.28. The firm has a fifty day simple moving average of GBX 377.25 and a 200 day simple moving average of GBX 366.92.

About Investment

(Get Free Report)

The Investment Company plc is a small registered, self-managed closed-ended balanced fund. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The fund is managed by Chelverton Asset Management Limited.

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