Oryx International Growth Fund (LON:OIG) Trading Up 2.6% – Should You Buy?

Oryx International Growth Fund Limited (LON:OIG) shares rose 2.6% during mid-day trading on Wednesday . The stock traded as high as GBX 1,206.50 ($15.16) and last traded at GBX 1,190 ($14.96). Approximately 2,804 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 7,894 shares. The stock had previously closed at GBX 1,160 ($14.58).

Oryx International Growth Fund Stock Performance

The company has a market cap of £161 million, a price-to-earnings ratio of 638.89 and a beta of 0.88. The business has a fifty day moving average price of GBX 1,225.36 and a 200 day moving average price of GBX 1,324.48.

Insiders Place Their Bets

In related news, insider Christopher Mills sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of GBX 1,250 ($15.71), for a total value of £62,500 ($78,547.19). Insiders own 6.55% of the company’s stock.

About Oryx International Growth Fund

Oryx International Growth Fund Ltd is a closed ended equity mutual fund launched and managed by Harwood Capital LLP. The fund invests in the public equity markets of the United Kingdom and United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies.