Maven Income and Growth VCT 5 (LON:MIG5) Stock Passes Above 50 Day Moving Average - Here's What Happened

Key Points

• Maven Income and Growth VCT 5 PLC shares recently crossed above their 50-day moving average of GBX 28.80, signaling potential upward momentum.
• The company has a market capitalization of £64.16 million and reported earnings of GBX 0.10 per share in their last earnings results.
• Maven Income and Growth VCT 5 specializes in growth capital investments in smaller, unquoted UK companies, indicating a focus on high-risk, high-reward investment strategies.

Maven Income and Growth VCT 5 PLC (LON:MIG5 - Get Free Report)'s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 28.80 ($0.39) and traded as high as GBX 28.80 ($0.39). Maven Income and Growth VCT 5 shares last traded at GBX 27.80 ($0.38), with a volume of 9,390 shares.

Maven Income and Growth VCT 5 Price Performance

The company has a 50 day moving average price of GBX 28.69 and a 200 day moving average price of GBX 29.34. The firm has a market cap of £66.47 million, a PE ratio of 2,086.96 and a beta of 0.13.

Maven Income and Growth VCT 5 (LON:MIG5 - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The company reported GBX 0.10 EPS for the quarter. Maven Income and Growth VCT 5 had a negative return on equity of 0.49% and a negative net margin of 26.19%.

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.