Maven Income and Growth VCT 3 (LON:MIG3) Sets New 52-Week Low - Time to Sell?

Key Points

• Maven Income and Growth VCT 3 PLC reached a new 52-week low of GBX 33.40 ($0.45) on Tuesday, with its last trading price at GBX 43 ($0.58).
• The company reported a return on equity of 1.12% and a net margin of 26.21% in its quarterly earnings, alongside an earnings per share (EPS) of GBX 0.23.
• Maven Income and Growth VCT 3 is a venture capital trust fund focused on investing in smaller unquoted and AIM quoted companies in the UK with strong growth potential.

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 33.40 ($0.45) and last traded at GBX 43 ($0.58), with a volume of 2751 shares trading hands. The stock had previously closed at GBX 44 ($0.59).

Maven Income and Growth VCT 3 Trading Down 2.3%

The firm's fifty day moving average price is GBX 44.64 and its 200 day moving average price is GBX 46.06. The stock has a market capitalization of £59.19 million, a price-to-earnings ratio of 28,666.67 and a beta of 0.13.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported GBX 0.23 earnings per share (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

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.