ProVen VCT (LON:PVN) Reaches New 1-Year Low – Should You Sell?

ProVen VCT (LON:PVNGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 52.95 and last traded at GBX 53, with a volume of 50000 shares traded. The stock had previously closed at GBX 57.

ProVen VCT Price Performance

The business’s 50-day moving average price is GBX 57.90 and its 200 day moving average price is GBX 58.50. The firm has a market capitalization of £160.12 million, a price-to-earnings ratio of 18.28 and a beta of 0.02.

About ProVen VCT

(Get Free Report)

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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