Foresight Ventures Vct (LON:FVEN) Issues Earnings Results

Foresight Ventures Vct (LON:FVEN) released its quarterly earnings results on Friday. The company reported GBX (2.10) EPS for the quarter, Digital Look Earnings reports.

Foresight Ventures Vct Trading Up 2.4%

Shares of FVEN stock traded up GBX 2 during mid-day trading on Friday, hitting GBX 87. The firm has a 50-day simple moving average of GBX 84.12 and a two-hundred day simple moving average of GBX 84.89. Foresight Ventures Vct has a 1 year low of GBX 80 and a 1 year high of GBX 95. The stock has a market cap of £93.54 million and a P/E ratio of -16.73.

Foresight Ventures VCT PLC is a UK-listed venture capital trust that provides growth capital to early-stage and expansion-phase small and medium-sized enterprises (SMEs). Trading on the London Stock Exchange under the ticker FVEN, the trust offers private and institutional investors access to a diversified portfolio of high-potential businesses across a range of sectors, including technology, life sciences, renewable energy and business services.

The trust typically makes equity and quasi-equity investments in companies seeking funding to accelerate product development, enter new markets or strengthen management teams.