ProVen VCT (LON:PVN) Share Price Passes Below 50-Day Moving Average – Should You Sell?

ProVen VCT (LON:PVN)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 58.67 and traded as low as GBX 57. ProVen VCT shares last traded at GBX 58.33, with a volume of 5,591,660 shares.

ProVen VCT Stock Performance

The stock has a market capitalization of £168.78 million, a PE ratio of 20.11 and a beta of 0.02. The business’s 50-day moving average is GBX 58.67 and its two-hundred day moving average is GBX 58.68.

ProVen VCT (LON:PVN) last released its earnings results on Tuesday, January 6th. The company reported GBX 0.20 EPS for the quarter. ProVen VCT had a net margin of 67.04% and a return on equity of 5.22%.

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.