ProVen VCT (LON:PVN) Reaches New 52-Week Low - What's Next?

Key Points

• ProVen VCT's stock price reached a new 52-week low of GBX 57 ($0.77), marking a 2.6% decline from the previous close of GBX 58.50 ($0.79).
• The company reported an earnings per share (EPS) of GBX 0.20 ($0.00) for the last quarter, with a return on equity of 5.22% and a net margin of 67.04%.
• ProVen VCT specializes in investing in emerging growth stage companies and does not engage in startup investments, focusing instead on small to medium-sized businesses.

ProVen VCT (LON:PVN - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 57 ($0.77) and last traded at GBX 57 ($0.77), with a volume of 14630 shares traded. The stock had previously closed at GBX 58.50 ($0.79).

ProVen VCT Stock Down 2.6%

The company has a market cap of £155.07 million, a price-to-earnings ratio of 16.39 and a beta of 0.02. The firm has a 50-day simple moving average of GBX 58.58 and a 200 day simple moving average of GBX 59.

ProVen VCT (LON:PVN - Get Free Report) last released its earnings results on Monday, June 9th. The company reported GBX 0.20 ($0.00) earnings per share (EPS) for the quarter. ProVen VCT had a return on equity of 5.22% and a net margin of 67.04%.

About ProVen VCT

ProVen VCT plc is a venture capital trust specializing in emerging growth stage investment,expansion and management buyouts. The fund invests in small and medium sized smaller companies. It does not invest in startups. It seeks to invest in non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt related securities in growth companies and non-qualifying venture capital investments.