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

ProVen VCT (LON:PVN - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 57 ($0.78) and last traded at GBX 57 ($0.78), with a volume of 25000 shares traded. The stock had previously closed at GBX 59.50 ($0.81).

ProVen VCT Stock Performance

The company has a market cap of £155.07 million, a P/E ratio of 16.39 and a beta of 0.02. The business's 50-day moving average price is GBX 59.19 and its 200 day moving average price is GBX 59.15.

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

Insider Activity

In other news, insider James Barbour-Smit acquired 23,376 shares of the firm's stock in a transaction on Monday, March 17th. The shares were purchased at an average cost of GBX 64 ($0.87) per share, with a total value of £14,960.64 ($20,368.47). Insiders own 0.16% of the company's stock.

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.