Maven Income and Growth VCT 5 (LON:MIG5) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Shares of Maven Income and Growth VCT 5 PLC (LON:MIG5Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 28.22 and traded as low as GBX 27.20. Maven Income and Growth VCT 5 shares last traded at GBX 27.20, with a volume of 11,525 shares.

Maven Income and Growth VCT 5 Trading Down 3.5%

The firm has a market cap of £62.41 million, a price-to-earnings ratio of 19.71 and a beta of 0.13. The firm’s fifty day moving average price is GBX 28.22 and its 200-day moving average price is GBX 28.47.

Insider Activity

In other news, insider Graham Scott Miller purchased 32,819 shares of the stock in a transaction dated Tuesday, December 16th. The stock was acquired at an average cost of GBX 30 per share, for a total transaction of £9,845.70. 0.61% of the stock is owned by corporate insiders.

About Maven Income and Growth VCT 5

(Get Free Report)

Maven Income and Growth VCT 5 PLC is a venture capital trust fund specializes in growth capital investment. It investments in shares and securities in smaller, unquoted United Kingdom companies and AiM/PLUS companies which meet the criteria for VCT qualifying investments.

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