Income & Growth VCT (LON:IGV) Shares Down 2.5% – Here’s What Happened

The Income & Growth VCT (LON:IGV)’s stock price fell 2.5% on Monday . The company traded as low as GBX 59.50 and last traded at GBX 59.50. 54 shares were traded during trading, a decline of 100% from the average session volume of 174,311 shares. The stock had previously closed at GBX 61.

Income & Growth VCT Stock Down 2.5%

The stock has a 50 day simple moving average of GBX 60.98 and a 200 day simple moving average of GBX 61.94. The company has a market capitalization of £192.90 million, a price-to-earnings ratio of 104.39 and a beta of 0.19.

About Income & Growth VCT

The Income & Growth VCT plc is a venture capital trust. It invests in companies at various stages of development. The fund invests in unquoted and new and secondary issues of quoted companies, which already have a trading facility on the Alternative Investment Market or on OFEX. It primarily makes investments in support services, software and computer services and general retailers. It prefers to invest in companies based in United Kingdom. The fund structures its investments as part equity and part loan.