ProVen VCT (LON:PVN) Trading Down 2.6% - What's Next?

Key Points

• ProVen VCT shares fell 2.6% intraday to GBX 55.50, down from a prior close of GBX 57, and traded just 4 shares versus an average session volume of 443,644.
• The stock is trading below its moving averages (50-day GBX 57.99, 200-day GBX 58.54) and has a market cap of £167.67 million, a P/E of 19.14 and a beta of 0.02.
• ProVen VCT is a venture capital trust focusing on emerging growth-stage UK SMEs and AIM/unquoted companies (not startups) and also holds non-qualifying assets such as cash, liquidity funds and fixed-interest securities.

ProVen VCT (LON:PVN - )'s stock price fell 2.6% during mid-day trading on Wednesday . The company traded as low as GBX 55.50 and last traded at GBX 55.50. 4 shares were traded during mid-day trading, a decline of 100% from the average session volume of 443,644 shares. The stock had previously closed at GBX 57.

ProVen VCT Price Performance

The business's 50 day moving average price is GBX 57.99 and its 200-day moving average price is GBX 58.54. The company has a market cap of £167.67 million, a P/E ratio of 19.14 and a beta of 0.02.

ProVen VCT Company Profile

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.

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