ProVen VCT (LON:PVN) Shares Pass Above 50 Day Moving Average – Time to Sell?

by · The Markets Daily

Shares of ProVen VCT (LON:PVN – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 56.31 and traded as high as GBX 56.53. ProVen VCT shares last traded at GBX 56.53, with a volume of 5,110,273 shares traded.

ProVen VCT Stock Down 0.8%

The firm has a market capitalization of £168.87 million, a P/E ratio of 70.66 and a beta of 0.02. The business has a 50-day moving average price of GBX 56.30 and a 200-day moving average price of GBX 56.97.

ProVen VCT (LON:PVN – Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 0.20 earnings per share (EPS) for the quarter. ProVen VCT had a net margin of 34.88% and a return on equity of 1.31%. The firm had revenue of GBX 220 million for the quarter.

About ProVen VCT

(Get Free Report)

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.

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