ProVen VCT (LON:PVN) Reaches New 1-Year Low - Here's Why
ProVen VCT (LON:PVN - Get Free Report)'s stock price reached a new 52-week low on Friday . The stock traded as low as GBX 56.26 ($0.76) and last traded at GBX 59.26 ($0.80), with a volume of 8788316 shares trading hands. The stock had previously closed at GBX 59.50 ($0.80).
The firm's 50 day moving average is GBX 59.14 and its 200-day moving average is GBX 59.11. The stock has a market capitalization of £161.22 million, a price-to-earnings ratio of 17.04 and a beta of 0.02.
ProVen VCT (LON:PVN - Get Free Report) last posted its earnings results on Monday, June 9th. The company reported GBX 0.20 ($0.00) earnings per share (EPS) for the quarter. ProVen VCT had a net margin of 67.04% and a return on equity of 5.22%.
ProVen VCT plc is a venture capital trust specializing in emerging growth stage investment,expansion and management buyouts. The fund invests in small and medium sized smaller companies. It does not invest in startups. It seeks to invest in non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt related securities in growth companies and non-qualifying venture capital investments.
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