ProVen VCT (LON:PVN) Reaches New 1-Year Low - Here's Why

ProVen VCT (LON:PVN - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as GBX 57 ($0.77) and last traded at GBX 57 ($0.77), with a volume of 25000 shares changing hands. The stock had previously closed at GBX 59.50 ($0.80).

ProVen VCT Stock Down 4.2%

The company's 50 day simple moving average is GBX 59.29 and its 200-day simple moving average is GBX 59.19. The firm has a market cap of £155.07 million, a P/E ratio of 16.39 and a beta of 0.02.

ProVen VCT (LON:PVN - Get Free Report) last released its quarterly earnings data 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 at ProVen VCT

In other news, insider James Barbour-Smit bought 23,376 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were purchased at an average cost of GBX 64 ($0.86) per share, with a total value of £14,960.64 ($20,197.97). 0.16% of the stock is currently owned by corporate 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.