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ProVen VCT (LON:PVN) Shares Down 2% - Time to Sell?

ProVen VCT logo with Financial Services background

Shares of ProVen VCT (LON:PVN - Get Free Report) traded down 2% during trading on Monday . The stock traded as low as GBX 58 ($0.77) and last traded at GBX 58.30 ($0.77). 18,546 shares changed hands during trading, a decline of 88% from the average session volume of 153,330 shares. The stock had previously closed at GBX 59.50 ($0.79).

ProVen VCT Stock Performance

The business's fifty day moving average price is GBX 59.33 and its two-hundred day moving average price is GBX 59.54. The stock has a market capitalization of £161.87 million, a P/E ratio of 17.11 and a beta of 0.02.

Insider Buying and Selling at ProVen VCT

In related news, insider James Barbour-Smit bought 23,376 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average cost of GBX 64 ($0.85) per share, with a total value of £14,960.64 ($19,846.96). Company insiders own 0.16% of the company's stock.

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.

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