Maven Income and Growth VCT 3 (LON:MIG3) Stock 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 fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 46.16 ($0.63) and traded as high as GBX 47.40 ($0.65). Maven Income and Growth VCT 3 shares last traded at GBX 45.40 ($0.62), with a volume of 46,022 shares trading hands.

Maven Income and Growth VCT 3 Stock Down 2.2%

The business's fifty day moving average is GBX 46.16 and its two-hundred day moving average is GBX 47.40. The stock has a market cap of £56.59 million, a price-to-earnings ratio of 77.65 and a beta of 0.13.

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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