SLF Realisation Fund (LON:SLFR) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

SLF Realisation Fund (LON:SLFR) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.67 ($0.02) and traded as low as GBX 1 ($0.01). SLF Realisation Fund shares last traded at GBX 1.11 ($0.01), with a volume of 643,259 shares trading hands.

SLF Realisation Fund Stock Performance

The company’s 50-day moving average price is GBX 1.47 and its 200 day moving average price is GBX 1.67. The stock has a market cap of £3.95 million and a PE ratio of -27.75.

SLF Realisation Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Thursday, October 10th were issued a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date was Thursday, October 10th. This represents a yield of 28.09%.

Insiders Place Their Bets

In related news, insider Brett Lance Miller purchased 2,000,000 shares of the business’s stock in a transaction on Friday, November 15th. The stock was acquired at an average price of GBX 1 ($0.01) per share, with a total value of £20,000 ($25,474.46). Over the last ninety days, insiders have acquired 16,280,470 shares of company stock worth $16,280,470. Company insiders own 10.99% of the company’s stock.