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ProVen VCT (LON:PVN) Sets New 12-Month Low - Should You Sell?

ProVen VCT logo with Financial Services background
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Key Points

  • New 52-week low: Shares hit a fresh 12-month low of GBX 57 on Thursday (last trade GBX 57) with 715 shares changing hands, down from a prior close of GBX 58.50.
  • Key financials: market cap £164.93M, P/E 19.66, beta 0.02, 50/200-day moving averages ~GBX 58.23/58.64; the company reported GBX 0.20 EPS for the quarter, with ROE 1.48% and a net margin of 73.18%.
  • Business focus: ProVen VCT is a venture capital trust that backs emerging growth‑stage UK SMEs (unquoted and AIM‑listed), does not invest in startups, and also holds non‑qualifying assets like cash, liquidity funds, fixed‑interest and debt securities.
  • Interested in ProVen VCT? Here are five stocks we like better.

Shares of ProVen VCT (LON:PVN - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 57 and last traded at GBX 57, with a volume of 715 shares trading hands. The stock had previously closed at GBX 58.50.

ProVen VCT Price Performance

The stock has a market capitalization of £164.93 million, a P/E ratio of 19.66 and a beta of 0.02. The stock has a 50 day moving average price of GBX 58.23 and a 200-day moving average price of GBX 58.64.

ProVen VCT (LON:PVN - Get Free Report) last announced its earnings results on Tuesday, January 6th. The company reported GBX 0.20 earnings per share (EPS) for the quarter. ProVen VCT had a return on equity of 1.48% and a net margin of 73.18%.

About ProVen VCT

(Get Free Report)

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. It invests in unquoted and AIM-listed companies and SMEs based in United Kingdom.

Further Reading

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