Income & Growth VCT (LON:IGV) Stock Price Up 0.8% - Time to Buy?

Key Points

• Shares of The Income & Growth VCT (LON:IGV) increased by 0.8% during mid-day trading, with a current price of GBX 63 ($0.85).
• The company has a market capitalization of £204.24 million and a notably high P/E ratio of 11,052.63.
• The Income & Growth VCT primarily invests in venture capital, focusing on companies in support services, software, and general retail sectors.

Shares of The Income & Growth VCT (LON:IGV - ) rose 0.8% during mid-day trading on Wednesday . The company traded as high as GBX 64.50 ($0.87) and last traded at GBX 63 ($0.85). Approximately 7,770 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 174,311 shares. The stock had previously closed at GBX 62.50 ($0.84).

Income & Growth VCT Stock Up 0.8%

The company has a market capitalization of £204.24 million, a P/E ratio of 11,052.63 and a beta of 0.19. The business has a 50 day simple moving average of GBX 62.48 and a 200-day simple moving average of GBX 62.29.

About Income & Growth VCT

The Income & Growth VCT plc is a venture capital trust. It invests in companies at various stages of development. The fund invests in unquoted and new and secondary issues of quoted companies, which already have a trading facility on the Alternative Investment Market or on OFEX. It primarily makes investments in support services, software and computer services and general retailers.

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