Foresight Ventures Vct (LON:FVEN) Posts Earnings Results

Foresight Ventures Vct (LON:FVEN – Get Free Report) posted its quarterly earnings results on Friday. The company reported GBX (2.10) earnings per share for the quarter, Digital Look Earnings reports.

Foresight Ventures Vct Stock Up 2.4%

FVEN stock traded up GBX 2 during midday trading on Friday, hitting GBX 87. The company has a fifty day moving average price of GBX 84.12 and a two-hundred day moving average price of GBX 84.89. Foresight Ventures Vct has a 52 week low of GBX 80 and a 52 week high of GBX 95. The firm has a market cap of £93.54 million and a P/E ratio of -16.73.

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Foresight Ventures VCT PLC is a UK-listed venture capital trust that provides growth capital to early-stage and expansion-phase small and medium-sized enterprises (SMEs). Trading on the London Stock Exchange under the ticker FVEN, the trust offers private and institutional investors access to a diversified portfolio of high-potential businesses across a range of sectors, including technology, life sciences, renewable energy and business services.

The trust typically makes equity and quasi-equity investments in companies seeking funding to accelerate product development, enter new markets or strengthen management teams.

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