Maven Income and Growth VCT 5 (LON:MIG5) Stock Crosses Below 50 Day Moving Average – Here’s Why

Maven Income and Growth VCT 5 PLC (LON:MIG5)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 28.24 ($0.38) and traded as low as GBX 27.80 ($0.37). Maven Income and Growth VCT 5 shares last traded at GBX 27.80 ($0.37), with a volume of 55,423 shares changing hands.

Maven Income and Growth VCT 5 Price Performance

The firm has a market capitalization of £66.26 million, a PE ratio of 2,072.46 and a beta of 0.13. The firm has a 50-day simple moving average of GBX 28.24 and a 200-day simple moving average of GBX 29.10.

Maven Income and Growth VCT 5 (LON:MIG5) last released its quarterly earnings results on Thursday, July 17th. The company reported GBX 0.10 EPS for the quarter. Maven Income and Growth VCT 5 had a negative net margin of 26.19% and a negative return on equity of 0.49%.

About Maven Income and Growth VCT 5

Maven Income and Growth VCT 5 PLC is a venture capital trust fund specializes in growth capital investment. It investments in shares and securities in smaller, unquoted United Kingdom companies and AiM/PLUS companies which meet the criteria for VCT qualifying investments.