Maven Income and Growth VCT 3 (LON:MIG3) Hits New 12-Month Low – What’s Next?

Maven Income and Growth VCT 3 PLC (LON:MIG3) reached a new 52-week low on Monday . The company traded as low as GBX 31.20 and last traded at GBX 40, with a volume of 9 shares traded. The stock had previously closed at GBX 40.

Maven Income and Growth VCT 3 Price Performance

The stock has a market cap of £62.19 million, a P/E ratio of -210.53 and a beta of 0.13. The firm’s 50-day moving average is GBX 41.74 and its two-hundred day moving average is GBX 43.04.

Maven Income and Growth VCT 3 (LON:MIG3) last announced its earnings results on Tuesday, July 21st. The company reported GBX 0.12 EPS for the quarter. Maven Income and Growth VCT 3 had a negative net margin of 30.02% and a negative return on equity of 0.77%.

About Maven Income and Growth VCT 3

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential. It invests up to £1million ($1.65 million) in any company in one year and no more than 15 percent of the company's assets by cost in one business at any time.