ProVen VCT (LON:PVN) Reaches New 12-Month Low - Here's What Happened

ProVen VCT (LON:PVN - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 56.26 ($0.76) and last traded at GBX 59.26 ($0.80), with a volume of 8788316 shares changing hands. The stock had previously closed at GBX 59.50 ($0.80).

ProVen VCT Stock Down 0.4%

The company has a market cap of £161.22 million, a PE ratio of 17.04 and a beta of 0.02. The firm's fifty day simple moving average is GBX 59.13 and its 200-day simple moving average is GBX 59.11.

ProVen VCT (LON:PVN - Get Free Report) last announced its quarterly 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 net margin of 67.04% and a return on equity of 5.22%.

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.