Maven Income and Growth VCT 3 (LON:MIG3) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Maven Income and Growth VCT 3 PLC (LON:MIG3Get Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 43.51 and traded as low as GBX 41.40. Maven Income and Growth VCT 3 shares last traded at GBX 41.40, with a volume of 6,102 shares.

Maven Income and Growth VCT 3 Stock Down 2.4%

The stock has a market capitalization of £64.62 million, a P/E ratio of 45.49 and a beta of 0.13. The company has a 50 day moving average of GBX 43.05 and a 200-day moving average of GBX 43.51.

About Maven Income and Growth VCT 3

(Get Free Report)

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.

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