Puma VCT 13 (LON:PU13) Stock Price Down 6.3% - Here's Why

Key Points

• Puma VCT 13 (LON:PU13) experienced a significant decline, trading down by 6.3% to GBX 112 ($1.51) with an unusually low trading volume of only 4,502 shares, a drop of 99% from the average volume.
• The company has a market capitalization of £184.43 million and a notably high PE ratio of 62,222.22, indicating a potentially overvalued stock.
• Puma VCT 13 specializes in venture capital funding for small and medium-sized businesses, particularly in sectors like educational technology and high-performance sports apparel.

Puma VCT 13 (LON:PU13 - ) traded down 6.3% on Wednesday . The stock traded as low as GBX 112 ($1.51) and last traded at GBX 112 ($1.51). 4,502 shares changed hands during trading, a decline of 99% from the average session volume of 511,967 shares. The stock had previously closed at GBX 119.50 ($1.61).

Puma VCT 13 Trading Down 6.3%

The stock has a market capitalization of £184.43 million and a PE ratio of 62,222.22. The firm's 50-day simple moving average is GBX 119.35 and its two-hundred day simple moving average is GBX 119.56.

Puma VCT 13 Company Profile

Puma Vct 13 Plc is a venture capital trust of Puma Investments specializing in growth funding to small and medium-sized companies. It prefers to invest in educational technology providers to high-performance sports apparel producers, carbon wheel manufacturers and digital influencer platform sectors.

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