Maven Income and Growth VCT 3 (LON:MIG3) Sets New 12-Month Low - Here's What Happened

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 reached a new 52-week low during trading on Monday . The company traded as low as GBX 33.40 ($0.44) and last traded at GBX 45 ($0.60), with a volume of 8 shares changing hands. The stock had previously closed at GBX 44 ($0.58).

Maven Income and Growth VCT 3 Stock Up 2.3%

The firm has a market capitalization of £56.09 million, a PE ratio of 76.97 and a beta of 0.13. The stock has a 50-day moving average price of GBX 45.64 and a 200 day moving average price of GBX 46.76.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported GBX 0.23 ($0.00) EPS for the quarter. Maven Income and Growth VCT 3 had a return on equity of 1.12% and a net margin of 26.21%.

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.

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