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

Maven Income and Growth VCT 3 (LON:MIG3) released its quarterly earnings results on Wednesday. The company reported GBX 0.44 earnings per share for the quarter, Digital Look Earnings reports. Maven Income and Growth VCT 3 had a return on equity of 0.20% and a net margin of 5.92%.

Maven Income and Growth VCT 3 Stock Up 2.3%

MIG3 opened at GBX 45.40 on Friday. The firm’s 50 day moving average is GBX 43.90 and its 200-day moving average is GBX 43.67. Maven Income and Growth VCT 3 has a 52-week low of GBX 42 and a 52-week high of GBX 49.40. The firm has a market capitalization of £67.39 million, a P/E ratio of 302.67 and a beta of 0.13.

Maven Income and Growth VCT 3 Company Profile

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.