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

Maven Income and Growth VCT 3 PLC (LON:MIG3 – Get Free Report)’s share price reached a new 52-week low during trading on Friday. The stock traded as low as GBX 31.20 and last traded at GBX 40, with a volume of 11,311 shares. The stock had previously closed at GBX 41.

Maven Income and Growth VCT 3 Stock Performance

The stock has a market cap of £62.39 million, a PE ratio of -210.53 and a beta of 0.13. The business has a 50 day moving average price of GBX 40.58 and a two-hundred day moving average price of GBX 42.54.

About Maven Income and Growth VCT 3

(Get Free Report)

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. It invests up to £1million ($1.65 million) in any company in one year and no more than 15 percent of the company's assets by cost in one business at any time.

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