Maven Income and Growth VCT 5 (LON:MIG5) Shares Pass Below 50 Day Moving Average - Here's Why

Key Points

• Maven Income and Growth VCT 5 shares fell below their 50-day moving average of GBX 29.17, trading at GBX 27.80 ($0.38) with a decrease of 3.5% in value.
• The company has a market capitalization of £61.57 million and a significantly negative PE ratio of -179.49, indicating challenging financial performance.
• Recent earnings report showed a negative earnings per share (EPS) of GBX 0.10 and negative net margin of 26.19%, reflecting ongoing financial difficulties.

Maven Income and Growth VCT 5 PLC (LON:MIG5 - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 29.17 ($0.39) and traded as low as GBX 27.80 ($0.37). Maven Income and Growth VCT 5 shares last traded at GBX 27.80 ($0.37), with a volume of 19,391 shares changing hands.

Maven Income and Growth VCT 5 Price Performance

The business's 50 day moving average price is GBX 29.05 and its 200-day moving average price is GBX 29.54. The company has a market cap of £63.79 million, a P/E ratio of -185.95 and a beta of 0.13.

Maven Income and Growth VCT 5 (LON:MIG5 - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The company reported GBX 0.10 earnings per share (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%.

About Maven Income and Growth VCT 5

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.