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.
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