Albion Crown Vct C (LON:CRWC) Issues Quarterly Earnings Results

Albion Crown Vct C (LON:CRWC) posted its earnings results on Wednesday. The company reported GBX 0.24 earnings per share for the quarter, Digital Look Earnings reports.

Albion Crown Vct C Stock Down 11.8%

CRWC traded down GBX 4.40 during trading hours on Wednesday, reaching GBX 33. 6,000 shares of the company’s stock traded hands, compared to its average volume of 140,685. The firm has a market capitalization of £199.10 million and a PE ratio of -183.33. Albion Crown Vct C has a 52-week low of GBX 33 and a 52-week high of GBX 40.20. The firm has a 50-day moving average price of GBX 33.32 and a 200 day moving average price of GBX 35.66.

Albion Crown VCT plc (LON: CRWC) is a closed?end investment company structured as a UK Venture Capital Trust (VCT) and quoted on the London Stock Exchange. As a VCT, its primary purpose is to provide investors with tax?efficient exposure to smaller and early?stage companies that meet HMRC qualifying criteria. The company seeks to generate a combination of capital growth and income by deploying capital into a diversified portfolio of qualifying businesses.

The VCT typically provides equity and quasi?equity finance to UK?based small and medium?sized enterprises across a range of sectors, supporting management teams with growth capital, buy?outs, and sometimes follow?on funding rounds.