ProVen VCT (LON:PVN) Announces Earnings Results

ProVen VCT (LON:PVN - Get Free Report) issued its earnings results on Monday. The company reported GBX 0.20 ($0.00) EPS for the quarter, Digital Look Earnings reports. ProVen VCT had a net margin of 67.04% and a return on equity of 5.22%.

ProVen VCT Price Performance

LON PVN traded down GBX 2.50 ($0.03) during trading hours on Thursday, hitting GBX 57 ($0.78). The company had a trading volume of 25,000 shares, compared to its average volume of 153,330. The firm's 50 day moving average is GBX 59.24 and its 200 day moving average is GBX 59.17. ProVen VCT has a fifty-two week low of GBX 57 ($0.78) and a fifty-two week high of GBX 62.50 ($0.85). The company has a market capitalization of £155.07 million, a price-to-earnings ratio of 16.39 and a beta of 0.02.

Insiders Place Their Bets

In other news, insider James Barbour-Smit bought 23,376 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was acquired at an average cost of GBX 64 ($0.87) per share, for a total transaction of £14,960.64 ($20,368.47). 0.16% of the stock is currently owned by insiders.

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.