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Income & Growth VCT (LON:IGV) Trading Down 2.4% - Here's Why

Income & Growth VCT logo with Financial Services background

Key Points

  • The Income & Growth VCT (LON:IGV) experienced a stock price decrease of 2.4%, trading as low as GBX 61 ($0.82).
  • Trading volume was significantly low, with only 40 shares changing hands, a 100% decline from the average volume of 174,311 shares.
  • The company's market capitalization is £199.70 million and it operates as a venture capital trust investing in various sectors, primarily support services and software.
  • MarketBeat previews top five stocks to own in October.

The Income & Growth VCT (LON:IGV - Get Free Report)'s share price was down 2.4% during trading on Thursday . The company traded as low as GBX 61 ($0.82) and last traded at GBX 61 ($0.82). Approximately 40 shares traded hands during trading, a decline of 100% from the average daily volume of 174,311 shares. The stock had previously closed at GBX 62.50 ($0.84).

Income & Growth VCT Price Performance

The company has a market cap of £202.62 million, a P/E ratio of 10,964.91 and a beta of 0.19. The company's 50-day moving average price is GBX 62.45 and its 200-day moving average price is GBX 62.53.

Income & Growth VCT Company Profile

(Get Free Report)

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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