Maven Income and Growth VCT 3 (LON:MIG3) Reaches New 1-Year Low – Here’s Why

Maven Income and Growth VCT 3 PLC (LON:MIG3) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 32.40 and last traded at GBX 42.80, with a volume of 3703 shares. The stock had previously closed at GBX 43.80.

Maven Income and Growth VCT 3 Trading Down 2.3%

The business has a fifty day moving average of GBX 43.80 and a 200-day moving average of GBX 43.72. The firm has a market cap of £66.88 million, a PE ratio of 47.03 and a beta of 0.13.

Maven Income and Growth VCT 3 (LON:MIG3) last issued its quarterly earnings data on Wednesday, March 25th. The company reported GBX 0.44 earnings per share (EPS) for the quarter. Maven Income and Growth VCT 3 had a return on equity of 1.83% and a net margin of 36.24%.

Maven Income and Growth VCT 3 Company Profile

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential. It invests up to £1million ($1.65 million) in any company in one year and no more than 15 percent of the company's assets by cost in one business at any time.