Maven Income and Growth VCT 4 (LON:MAV4) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Maven Income and Growth VCT 4 PLC (LON:MAV4) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 55.84 ($0.74) and traded as high as GBX 56.50 ($0.75). Maven Income and Growth VCT 4 shares last traded at GBX 55.50 ($0.73), with a volume of 1,908 shares.

Maven Income and Growth VCT 4 Stock Performance

The company has a market cap of £82.93 million, a price-to-earnings ratio of 62.31 and a beta of 0.15. The business has a 50-day simple moving average of GBX 55.84 and a 200-day simple moving average of GBX 56.48.

Maven Income and Growth VCT 4 (LON:MAV4) last announced its earnings results on Wednesday, April 2nd. The company reported GBX 0.62 ($0.01) earnings per share (EPS) for the quarter. Maven Income and Growth VCT 4 had a return on equity of 1.48% and a net margin of 31.71%.

Maven Income and Growth VCT 4 Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 3.1%. Maven Income and Growth VCT 4’s payout ratio is 441.12%.

Maven Income and Growth VCT 4 Company Profile

Maven Income and Growth VCT 4 PLC is a venture capital trust fund specializes in mature and later stage. It seeks to invest in mature small and medium sized companies operating in a range of sectors and AIM/ISDX quoted companies. The fund invests in the United Kingdom. It does not invest more than £1 million ($1.2 million) in its companies within one year.