Authorised Investment Fund (ASX:AIY) Stock Price Up 15.4%

Authorised Investment Fund Limited (ASX:AIY)’s stock price rose 15.4% during mid-day trading on Tuesday . The company traded as high as A$0.05 ($0.03) and last traded at A$0.05 ($0.03), approximately 769,109 shares were traded during trading. The stock had previously closed at A$0.04 ($0.03).

The stock has a fifty day moving average price of A$0.04. The stock has a market capitalization of $18.99 million and a PE ratio of -45.00.

About Authorised Investment Fund (ASX:AIY)

Authorised Investment Fund Ltd. is a pooled development fund specializing investment in innovative companies with high potential for growth. It cannot directly invest in real estate or retail business. The firm prefers to make investments in building products, solar tech, energy, pharmaceuticals, and manufacturing.

Read More: What are the advantages to having securities held in street name?

Receive News & Ratings for Authorised Investment Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Authorised Investment Fund and related companies with's FREE daily email newsletter.