Maven Income and Growth VCT 5 (LON:MIG5) Share Price Passes Above Fifty Day Moving Average - Here's Why

Key Points

• Maven Income and Growth VCT 5 (LON:MIG5) shares passed above its 50-day moving average, trading as high as GBX 29 intraday and last trading at GBX 28 on a volume of 16,080 shares.
• Its 50-day and 200-day moving averages are GBX 28.50 and GBX 28.25 respectively, with a market capitalization of £70.27 million, a P/E of 20.29 and a low beta of 0.13.
• The VCT reported quarterly EPS of GBX 0.21, a net margin of 52.62% and ROE of 2.61%, and focuses on growth investments in smaller unquoted UK and AIM companies that qualify for VCT status.

Maven Income and Growth VCT 5 PLC (LON:MIG5 - Get Free Report)'s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 28.50 and traded as high as GBX 29. Maven Income and Growth VCT 5 shares last traded at GBX 28, with a volume of 16,080 shares.

Maven Income and Growth VCT 5 Price Performance

The firm's fifty day moving average is GBX 28.50 and its 200 day moving average is GBX 28.25. The firm has a market capitalization of £70.27 million, a price-to-earnings ratio of 20.29 and a beta of 0.13.

Maven Income and Growth VCT 5 (LON:MIG5 - Get Free Report) last released its earnings results on Wednesday, March 25th. The company reported GBX 0.21 earnings per share (EPS) for the quarter. Maven Income and Growth VCT 5 had a net margin of 52.62% and a return on equity of 2.61%.

Maven Income and Growth VCT 5 Company Profile

Maven Income and Growth VCT 5 PLC is a venture capital trust fund specializes in growth capital investment. It investments in shares and securities in smaller, unquoted United Kingdom companies and AiM/PLUS companies which meet the criteria for VCT qualifying investments.

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