Albion Crown Vct C (LON:CRWC) Posts 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 Trading Down 11.8%

LON CRWC opened at GBX 33 on Wednesday. Albion Crown Vct C has a 1 year low of GBX 33 and a 1 year high of GBX 40.20. The company has a fifty day simple moving average of GBX 33.32 and a 200 day simple moving average of GBX 35.66. The company has a market cap of £199.10 million and a P/E ratio of -183.33.

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.