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ProVen VCT (LON:PVN) Hits New 52-Week Low - Time to Sell?

ProVen VCT logo with Financial Services background

ProVen VCT (LON:PVN - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 57 ($0.77) and last traded at GBX 57 ($0.77), with a volume of 27072 shares changing hands. The stock had previously closed at GBX 58.50 ($0.79).

ProVen VCT Price Performance

The company has a market cap of £159.15 million, a P/E ratio of 16.82 and a beta of 0.02. The company has a fifty day simple moving average of GBX 59.06 and a 200-day simple moving average of GBX 59.12.

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

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.

Further Reading

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