ProVen VCT (LON:PVN) Announces Earnings Results

ProVen VCT (LON:PVN – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 0.20 earnings per share for the quarter, Digital Look Earnings reports. ProVen VCT had a return on equity of 1.48% and a net margin of 73.18%.The firm had revenue of GBX 220 million during the quarter.

ProVen VCT Price Performance

LON:PVN opened at GBX 57 on Wednesday. ProVen VCT has a twelve month low of GBX 51.95 and a twelve month high of GBX 63. The business has a 50 day moving average price of GBX 57.20 and a two-hundred day moving average price of GBX 58.19. The company has a market cap of £172.20 million, a P/E ratio of 19.66 and a beta of 0.02.

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About ProVen VCT

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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.

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