Maven Income and Growth VCT 3 (LON:MIG3) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Key Points

• Maven Income and Growth VCT 3 shares have crossed below the 50-day moving average, trading at GBX 45 ($0.60), compared to the average of GBX 45.56.
• The company's market capitalization stands at £56.09 million with a PE ratio of 76.97 and a beta of 0.13.
• For the last quarter, Maven Income and Growth VCT 3 reported an earnings per share (EPS) of GBX 0.23 ($0.00) with a net margin of 26.21%.

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 45.56 ($0.61) and traded as low as GBX 44 ($0.59). Maven Income and Growth VCT 3 shares last traded at GBX 45 ($0.61), with a volume of 46 shares changing hands.

Maven Income and Growth VCT 3 Stock Performance

The firm's 50-day moving average price is GBX 45.48 and its two-hundred day moving average price is GBX 46.68. The firm has a market capitalization of £56.09 million, a price-to-earnings ratio of 76.97 and a beta of 0.13.

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last announced its 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 net margin of 26.21% and a return on equity of 1.12%.

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.