Foresight Ventures Vct (LON:FVEN) Posts Earnings Results

Foresight Ventures Vct (LON:FVEN) announced its earnings results on Friday. The company reported GBX (0.30) EPS for the quarter, Digital Look Earnings reports.

Foresight Ventures Vct Stock Performance

FVEN traded down GBX 2 during trading hours on Friday, hitting GBX 82. The stock has a market capitalization of £85.71 million and a price-to-earnings ratio of -9.65. Foresight Ventures Vct has a 52 week low of GBX 65.54 and a 52 week high of GBX 100. The firm’s 50-day moving average is GBX 83.55.

Foresight Ventures VCT PLC is a UK-listed venture capital trust that provides growth capital to early-stage and expansion-phase small and medium-sized enterprises (SMEs). Trading on the London Stock Exchange under the ticker FVEN, the trust offers private and institutional investors access to a diversified portfolio of high-potential businesses across a range of sectors, including technology, life sciences, renewable energy and business services.

The trust typically makes equity and quasi-equity investments in companies seeking funding to accelerate product development, enter new markets or strengthen management teams.