Woodford Patient Capital Trust (LON:WPCT) Shares Cross Below 50 Day Moving Average – What’s Next?

Woodford Patient Capital Trust PLC (LON:WPCTGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 33.60 ($0.44) and traded as low as GBX 32.61 ($0.42). Woodford Patient Capital Trust shares last traded at GBX 33.60 ($0.44), with a volume of 1,888,608 shares traded.

Woodford Patient Capital Trust Price Performance

The stock’s 50-day simple moving average is GBX 33.60 and its two-hundred day simple moving average is GBX 33.60. The firm has a market capitalization of £305.30 million and a P/E ratio of 5.33.

Woodford Patient Capital Trust Company Profile

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Woodford Patient Capital Trust plc specializes in investments in startups, early stage, growth stage, and mature stage investments. These include companies at a pre-revenue and pre-profit stage which have strong intellectual property and technology. The fund primarily invests in the healthcare, financials, industrials, technology, consumer goods, telecommunications, basic materials, and biotechnology sector.

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