An update from Odyssean Investment Trust PLC ( (GB:OIT) ) is now available.
Odyssean Investment Trust PLC, a company focused on investment management, has issued 700,000 new ordinary shares at a premium price as part of its premium management strategy. This issuance increases the total number of shares and voting rights to 133,794,212, providing shareholders with updated figures for regulatory notifications.
Spark’s Take on GB:OIT Stock
According to Spark, TipRanks’ AI Analyst, GB:OIT is a Neutral.
Odyssean Investment Trust PLC scores relatively low due to significant financial challenges, particularly in revenue and profitability. The technical analysis indicates bearish trends, and while the valuation appears reasonable, the absence of a dividend yield is a drawback. The positive sentiment from corporate share acquisition slightly offsets these challenges.
To see Spark’s full report on GB:OIT stock, click here.
More about Odyssean Investment Trust PLC
YTD Price Performance: -16.23%
Average Trading Volume: 211,322
Technical Sentiment Signal: Buy
Current Market Cap: £171.7M
See more insights into OIT stock on TipRanks’ Stock Analysis page.