Maven Income and Growth VCT 3 (LON:MIG3) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Shares of Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 46.42 ($0.62) and traded as high as GBX 47.40 ($0.64). Maven Income and Growth VCT 3 shares last traded at GBX 47.40 ($0.64), with a volume of 3 shares traded.

Maven Income and Growth VCT 3 Stock Down 4.2%

The company has a market cap of £56.59 million, a PE ratio of 77.65 and a beta of 0.13. The stock has a 50-day moving average of GBX 46.42 and a 200-day moving average of GBX 47.89.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 0.49 ($0.01) earnings per share (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.