ProVen VCT (LON:PVN) Stock Price Passes Below 200 Day Moving Average – Should You Sell?
by Teresa Graham · The Cerbat GemProVen VCT (LON:PVN – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 57.98 and traded as low as GBX 56.98. ProVen VCT shares last traded at GBX 56.98, with a volume of 9,380,827 shares traded.
ProVen VCT Trading Down 0.9%
The business’s 50-day simple moving average is GBX 56.30 and its 200-day simple moving average is GBX 57.98. The company has a market capitalization of £172.44 million, a PE ratio of 71.22 and a beta of 0.02.
ProVen VCT (LON:PVN – Get Free Report) last released its quarterly earnings data on Wednesday, June 3rd. The company reported GBX 0.20 EPS for the quarter. The business had revenue of GBX 220 million for the quarter. ProVen VCT had a net margin of 115.21% and a return on equity of 1.34%.
About ProVen VCT
ProVen VCT plc is a venture capital trust specializing in emerging growth stage investment,expansion and management buyouts. The fund invests in small and medium sized smaller companies. It does not invest in startups. It seeks to invest in non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt related securities in growth companies and non-qualifying venture capital investments. It invests in unquoted and AIM-listed companies and SMEs based in United Kingdom.