Maven Income and Growth VCT 3 (LON:MIG3) Hits New 1-Year Low - Should You Sell?

Key Points

• Maven Income and Growth VCT 3 PLC's share price reached a new 52-week low of GBX 33.40 ($0.44) during trading, before closing at GBX 45 ($0.60).
• The company reported an earnings per share (EPS) of GBX 0.23 ($0.00) for the last quarter, with a net margin of 26.21% and return on equity of 1.12%.
• As a venture capital trust, Maven Income and Growth VCT 3 specializes in development capital and early-stage investments in smaller unquoted and AIM quoted companies in the UK.

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 33.40 ($0.45) and last traded at GBX 45 ($0.61), with a volume of 8 shares changing hands. The stock had previously closed at GBX 44 ($0.59).

Maven Income and Growth VCT 3 Trading Up 2.3%

The firm has a market capitalization of £56.09 million, a price-to-earnings ratio of 76.97 and a beta of 0.13. The company has a fifty day moving average price of GBX 45.53 and a 200-day moving average price of GBX 46.70.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported GBX 0.23 ($0.00) 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.