Maven Income and Growth VCT 4 (LON:MAV4) Shares Cross Above 50-Day Moving Average - Here's Why

Key Points

• Shares of Maven Income and Growth VCT 4 (LON:MAV4) crossed above their 50-day moving average on Thursday — the 50‑day MA is GBX 51.26, the stock traded as high as GBX 51.50 and last traded at GBX 50.50 on volume 8,921.
• Latest quarter showed GBX 0.56 EPS and GBX 185 million revenue, but the fund reported a negative net margin (67.13%) and negative return on equity (2.94%); market cap is £82.47 million with a P/E of 157.81.
• Insider Fraser Gray purchased 9,243 shares at GBX 54 on January 15, and company insiders collectively own about 1.73% of the stock.

Maven Income and Growth VCT 4 PLC (LON:MAV4 - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 51.26 and traded as high as GBX 51.50. Maven Income and Growth VCT 4 shares last traded at GBX 50.50, with a volume of 8,921 shares.

Maven Income and Growth VCT 4 Trading Down 1.9%

The company's fifty day moving average is GBX 51.26 and its 200 day moving average is GBX 50.96. The company has a market capitalization of £82.47 million, a P/E ratio of 157.81 and a beta of 0.15.

Maven Income and Growth VCT 4 (LON:MAV4 - Get Free Report) last released its quarterly earnings data on Thursday, April 2nd. The company reported GBX 0.56 EPS for the quarter. The company had revenue of GBX 185 million during the quarter. Maven Income and Growth VCT 4 had a negative net margin of 67.13% and a negative return on equity of 2.94%.

Insider Buying and Selling

In other Maven Income and Growth VCT 4 news, insider Fraser Gray acquired 9,243 shares of the business's stock in a transaction that occurred on Thursday, January 15th. The stock was bought at an average cost of GBX 54 per share, with a total value of £4,991.22. Company insiders own 1.73% of the company's stock.

Maven Income and Growth VCT 4 Company Profile

Maven Income and Growth VCT 4 PLC is a venture capital trust fund specializes in mature and later stage. It seeks to invest in mature small and medium sized companies operating in a range of sectors and AIM/ISDX quoted companies. The fund invests in the United Kingdom. It does not invest more than £1 million ($1.2 million) in its companies within one year. It seeks a majority stake in the companies. The fund seeks to make co-investments.

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