Maven Income and Growth VCT 3 (LON:MIG3) Sets New 1-Year Low – What’s Next?

Maven Income and Growth VCT 3 PLC (LON:MIG3Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 33.40 and last traded at GBX 45, with a volume of 282 shares trading hands. The stock had previously closed at GBX 44.

Maven Income and Growth VCT 3 Trading Up 2.3%

The company has a market capitalization of £61.77 million, a price-to-earnings ratio of 300.00 and a beta of 0.13. The company’s 50 day simple moving average is GBX 43.68 and its 200-day simple moving average is GBX 44.53.

About Maven Income and Growth VCT 3

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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.

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