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

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 46.18 ($0.62) and traded as high as GBX 47.40 ($0.64). Maven Income and Growth VCT 3 shares last traded at GBX 45.40 ($0.61), with a volume of 11,113 shares traded.

Maven Income and Growth VCT 3 Price Performance

The stock's fifty day simple moving average is GBX 46.18 and its 200-day simple moving average is GBX 47.54. The stock has a market cap of £56.59 million, a P/E ratio of 77.65 and a beta of 0.13.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last announced 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.