Maven Income and Growth VCT 3 (LON:MIG3) Posts Quarterly Earnings Results

Maven Income and Growth VCT 3 (LON:MIG3) posted its earnings results on Tuesday. The company reported GBX 0.12 earnings per share for the quarter, Digital Look Earnings reports. Maven Income and Growth VCT 3 had a net margin of 36.24% and a return on equity of 1.83%.

Maven Income and Growth VCT 3 Trading Down 2.4%

LON MIG3 opened at GBX 41.40 on Thursday. The stock’s 50 day moving average is GBX 42.89 and its two-hundred day moving average is GBX 43.52. The company has a market capitalization of £64.62 million, a price-to-earnings ratio of 45.49 and a beta of 0.13. Maven Income and Growth VCT 3 has a 1-year low of GBX 41.40 and a 1-year high of GBX 46.

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.