Maven Income and Growth VCT 5 (LON:MIG5) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Maven Income and Growth VCT 5 PLC (LON:MIG5)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 27.93 and traded as high as GBX 29. Maven Income and Growth VCT 5 shares last traded at GBX 28, with a volume of 131,688 shares changing hands.

Maven Income and Growth VCT 5 Trading Down 3.4%

The firm has a market cap of £67.27 million, a P/E ratio of 20.29 and a beta of 0.13. The company’s fifty day moving average price is GBX 27.93 and its two-hundred day moving average price is GBX 28.17.

Insiders Place Their Bets

In other news, insider Graham Scott Miller bought 32,819 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was bought at an average price of GBX 30 per share, for a total transaction of £9,845.70. Corporate insiders own 0.59% of the company’s stock.

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.