ProVen VCT (LON:PVN) Reaches New 1-Year Low – Time to Sell?
by Sarita Garza · The Markets DailyProVen VCT (LON:PVN – Get Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 51 and last traded at GBX 55.50, with a volume of 7292 shares changing hands. The stock had previously closed at GBX 57.
ProVen VCT Stock Performance
The stock has a market cap of £165.07 million, a P/E ratio of 69.38 and a beta of 0.02. The firm has a 50-day moving average price of GBX 56.29 and a 200-day moving average price of GBX 56.88.
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.