ProVen VCT (LON:PVN) Shares Pass Below Fifty Day Moving Average – What’s Next?

ProVen VCT (LON:PVN)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 56.46 and traded as low as GBX 55.50. ProVen VCT shares last traded at GBX 55.50, with a volume of 10,000 shares trading hands.

ProVen VCT Trading Down 3.5%

The company has a market cap of £167.96 million, a price-to-earnings ratio of 69.38 and a beta of 0.02. The business has a fifty day moving average of GBX 56.40 and a two-hundred day moving average of GBX 57.78.

ProVen VCT (LON:PVN) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported GBX 0.20 EPS for the quarter. The company had revenue of GBX 220 million for the quarter. ProVen VCT had a return on equity of 1.34% and a net margin of 115.21%.

ProVen VCT Company Profile

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.