Free Trial

Maven Income and Growth VCT 3 (LON:MIG3) Hits New 52-Week Low - Here's What Happened

Maven Income and Growth VCT 3 logo with Financial Services background

Key Points

  • Maven Income and Growth VCT 3 (LON:MIG3) shares have reached a new 52-week low, trading as low as GBX 33.40 ($0.45) before closing at GBX 43 ($0.58).
  • The company has a market capitalization of £59.44 million and reported a PE ratio of 28,666.67 with a net margin of 26.21% in its latest earnings.
  • Maven Income and Growth VCT 3 focuses on development capital and early stage investments in smaller unquoted companies with strong growth potential in the UK.
  • MarketBeat previews top five stocks to own in November.

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 33.40 ($0.45) and last traded at GBX 43 ($0.58), with a volume of 56116 shares trading hands. The stock had previously closed at GBX 44 ($0.59).

Maven Income and Growth VCT 3 Price Performance

The firm has a market capitalization of £59.44 million, a PE ratio of 28,666.67 and a beta of 0.13. The business's 50 day moving average is GBX 43.64 and its two-hundred day moving average is GBX 45.29.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported GBX 0.23 EPS for the quarter. Maven Income and Growth VCT 3 had a net margin of 26.21% and a return on equity of 1.12%.

Maven Income and Growth VCT 3 Company Profile

(Get Free Report)

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Maven Income and Growth VCT 3 Right Now?

Before you consider Maven Income and Growth VCT 3, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Maven Income and Growth VCT 3 wasn't on the list.

While Maven Income and Growth VCT 3 currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.