The Investment Company plc (LON:INV – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 73.60 and last traded at GBX 73.60, with a volume of 4349 shares changing hands. The stock had previously closed at GBX 70.
Investment Stock Up 5.1%
The company’s fifty day moving average price is GBX 66.45 and its two-hundred day moving average price is GBX 64.02. The firm has a market cap of £6.76 million, a PE ratio of -94.36 and a beta of 0.28.
About Investment
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. It invests in the public equity and fixed income markets of the United Kingdom. The fund seeks to invest in securities of companies operating across diversified sectors.
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