Invesco Perpetual UK Smaller (LON:IPU) Shares Cross Below Fifty Day Moving Average – Here’s Why

Shares of Invesco Perpetual UK Smaller (LON:IPU) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 393.84 ($4.82) and traded as low as GBX 370.36 ($4.53). Invesco Perpetual UK Smaller shares last traded at GBX 376 ($4.60), with a volume of 28,410 shares changing hands.

Invesco Perpetual UK Smaller Trading Up 0.0 %

The company’s 50 day simple moving average is GBX 393.84 and its 200 day simple moving average is GBX 420.04. The company has a debt-to-equity ratio of 5.42, a current ratio of 0.10 and a quick ratio of 22.10. The firm has a market cap of £127.88 million, a price-to-earnings ratio of -1,718.20 and a beta of 1.03.

Insider Buying and Selling

In other news, insider Bridget Guerin acquired 6,419 shares of Invesco Perpetual UK Smaller stock in a transaction dated Friday, January 3rd. The shares were acquired at an average cost of GBX 387 ($4.74) per share, for a total transaction of £24,841.53 ($30,405.79). Also, insider Mike Prentis acquired 5,161 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average cost of GBX 385 ($4.71) per share, with a total value of £19,869.85 ($24,320.50). 4.73% of the stock is currently owned by insiders.

Invesco Perpetual UK Smaller Company Profile

INVESCO Perpetual UK Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.