Free Trial

Maven Income and Growth VCT 3 (LON:MIG3) Share Price Passes Below 50 Day Moving Average - What's Next?

Maven Income and Growth VCT 3 logo with Financial Services background

Key Points

  • Maven Income and Growth VCT 3 PLC stock price has recently crossed below its 50-day moving average of GBX 45.88, trading as low as GBX 43 ($0.57), indicating potential bearish sentiment.
  • The company's market capitalization stands at £53.60 million with a high price-to-earnings ratio of 73.55, suggesting it may be overvalued based on earnings.
  • In its latest quarterly earnings report, Maven Income and Growth VCT 3 reported earnings per share of GBX 0.23 with a return on equity of 1.12% and a net margin of 26.21%.
  • Want stock alerts on Maven Income and Growth VCT 3? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 45.88 ($0.61) and traded as low as GBX 43 ($0.57). Maven Income and Growth VCT 3 shares last traded at GBX 43 ($0.57), with a volume of 16,156 shares changing hands.

Maven Income and Growth VCT 3 Stock Down 2.3%

The company has a market capitalization of £53.60 million, a price-to-earnings ratio of 73.55 and a beta of 0.13. The company's fifty day simple moving average is GBX 45.64 and its two-hundred day simple moving average is GBX 46.79.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported GBX 0.23 ($0.00) earnings per share for the quarter. Maven Income and Growth VCT 3 had a return on equity of 1.12% and a net margin of 26.21%.

About Maven Income and Growth VCT 3

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Maven Income and Growth VCT 3 Right Now?

Before you consider Maven Income and Growth VCT 3, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Maven Income and Growth VCT 3 wasn't on the list.

While Maven Income and Growth VCT 3 currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines