Maven Income and Growth VCT 3 (LON:MIG3) Reaches New 1-Year Low – Here’s Why

Shares of Maven Income and Growth VCT 3 PLC (LON:MIG3) hit a new 52-week low on Tuesday . The company traded as low as GBX 33.40 ($0.45) and last traded at GBX 43 ($0.58), with a volume of 2751 shares changing hands. The stock had previously closed at GBX 44 ($0.60).

Maven Income and Growth VCT 3 Stock Performance

The stock has a 50 day moving average of GBX 44.79 and a two-hundred day moving average of GBX 46.17. The firm has a market capitalization of £59.19 million, a P/E ratio of 28,666.67 and a beta of 0.13.

Maven Income and Growth VCT 3 (LON:MIG3) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported GBX 0.23 earnings per share for the quarter. Maven Income and Growth VCT 3 had a return on equity of 1.12% and a net margin of 26.21%.

About Maven Income and Growth VCT 3

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.