EPE Special Opportunities (LON:ESO) Shares Cross Above 50 Day Moving Average – Here’s Why

EPE Special Opportunities (LON:ESO) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 233.08 and traded as high as GBX 234.95. EPE Special Opportunities shares last traded at GBX 234.95, with a volume of 851 shares trading hands.

EPE Special Opportunities Price Performance

The company has a current ratio of 4.24, a quick ratio of 5.86 and a debt-to-equity ratio of 18.27. The stock has a market cap of £55.17 million, a PE ratio of 9.97 and a beta of 0.90. The business has a 50-day moving average price of GBX 233.08 and a 200 day moving average price of GBX 193.31.

Insiders Place Their Bets

In other news, insider Heather Bestwick acquired 4,875 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were acquired at an average cost of GBX 183 per share, for a total transaction of £8,921.25. Also, insider Clive L. Spears acquired 5,698 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were acquired at an average cost of GBX 22 per share, for a total transaction of £1,253.56. Insiders purchased a total of 42,292 shares of company stock worth $4,069,924 in the last ninety days. 2.91% of the stock is owned by corporate insiders.

About EPE Special Opportunities

EPE Special Opportunities plc specializes in middle market, growth capital, distressed, pre-IPO, special situations, turnaround, PIPES, and buyouts. It also does secondary direct and secondary indirect investing. The fund typically invests in consumer and retail, financial services, manufacturing, media and support services sectors including education, healthcare and social housing. It prefers to invest in United Kingdom. It seeks to invest between $2 million and $30 million in small and medium enterprises.