Maven Income and Growth VCT 3 (LON:MIG3) Share Price Passes Above 50-Day Moving Average - Here's What Happened

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 46.26 ($0.63) and traded as high as GBX 46.40 ($0.63). Maven Income and Growth VCT 3 shares last traded at GBX 45.40 ($0.62), with a volume of 4,120 shares.

Maven Income and Growth VCT 3 Stock Down 2.2%

The company has a market cap of £56.59 million, a price-to-earnings ratio of 77.65 and a beta of 0.13. The company has a fifty day simple moving average of GBX 46.26 and a two-hundred day simple moving average of GBX 47.72.

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

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.