Maven Income and Growth VCT 3 (LON:MIG3) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Key Points

• Crossed above its 50-day moving average intraday (50‑day MA GBX 44.01), trading as high as GBX 44.80 but last at GBX 42.80 and down about 2.3% on volume of 7,733 shares.
• The company has a market cap of £64.36 million, a P/E of 47.03, a low beta of 0.13, and a 200‑day moving average of GBX 43.78, indicating modest size and low volatility.
• Venture capital trust focused on development and later‑stage investments in smaller unquoted and AIM companies, typically investing up to £1 million per company per year and no more than 15% of a company’s assets by cost.

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 44.01 and traded as high as GBX 44.80. Maven Income and Growth VCT 3 shares last traded at GBX 42.80, with a volume of 7,733 shares.

Maven Income and Growth VCT 3 Trading Down 2.3%

The firm has a market cap of £64.36 million, a price-to-earnings ratio of 47.03 and a beta of 0.13. The stock's 50 day moving average is GBX 44.01 and its 200 day moving average is GBX 43.78.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last issued its quarterly earnings data on Wednesday, March 25th. The company reported GBX 0.44 earnings per share (EPS) for the quarter. Maven Income and Growth VCT 3 had a net margin of 36.24% and a return on equity of 1.83%.

About Maven Income and Growth VCT 3

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. It invests up to £1million ($1.65 million) in any company in one year and no more than 15 percent of the company's assets by cost in one business at any time.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.