ProVen VCT (LON:PVN) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

ProVen VCT (LON:PVN)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 56.29 and traded as high as GBX 57. ProVen VCT shares last traded at GBX 55.50, with a volume of 64 shares.

ProVen VCT Stock Performance

The company has a fifty day moving average price of GBX 56.36 and a two-hundred day moving average price of GBX 57.06. The company has a market cap of £174.75 million, a P/E ratio of 73.12 and a beta of 0.02.

ProVen VCT (LON:PVN) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 0.20 EPS for the quarter. The firm had revenue of GBX 220 million during the quarter. ProVen VCT had a return on equity of 1.31% and a net margin of 34.88%.

About ProVen VCT

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.