ProVen VCT (LON:PVN) Trading Down 2.6% – What’s Next?

ProVen VCT (LON:PVN) shares dropped 2.6% during trading on Wednesday . The company traded as low as GBX 55.50 and last traded at GBX 55.50. Approximately 4 shares were traded during trading, a decline of 100% from the average daily volume of 443,644 shares. The stock had previously closed at GBX 57.

ProVen VCT Trading Down 2.6%

The business’s fifty day simple moving average is GBX 57.99 and its 200 day simple moving average is GBX 58.54. The stock has a market cap of £167.67 million, a price-to-earnings ratio of 19.14 and a beta of 0.02.

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.