British Smaller Companies VCT2 (LON:BSC) Shares Up 1.9% - Time to Buy?

British Smaller Companies VCT2 (LON:BSC - Get Free Report)'s stock price shot up 1.9% on Tuesday . The company traded as high as GBX 54.50 ($0.69) and last traded at GBX 54.50 ($0.69). 16,362 shares were traded during mid-day trading, a decline of 70% from the average session volume of 55,311 shares. The stock had previously closed at GBX 53.50 ($0.68).

British Smaller Companies VCT2 Stock Performance

The business's 50-day moving average is GBX 53.64 and its two-hundred day moving average is GBX 54.62. The stock has a market capitalization of £122.29 million, a PE ratio of 1,783.33 and a beta of -0.01.

British Smaller Companies VCT2 Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, October 3rd were given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 2.73%. British Smaller Companies VCT2's payout ratio is currently 13,333.33%.

British Smaller Companies VCT2 Company Profile

British Smaller Companies VCT 2 plc is a venture capital trust specializing in emerging growth, growth capital, acquisition funding, and development funding. It is an evergreen fund. The fund invests in a range of securities which may include ordinary and preference shares and fixed income securities, such as corporate bonds and gilts in VCT qualifying and non-qualifying securities.