Molten Ventures VCT plc (LON:MVCT) Insider Buys £25,155.48 in Stock

Molten Ventures VCT plc (LON:MVCT - Get Free Report) insider David Brock purchased 59,894 shares of the company's stock in a transaction on Wednesday, April 16th. The shares were purchased at an average cost of GBX 42 ($0.56) per share, for a total transaction of £25,155.48 ($33,446.99).

Molten Ventures VCT Stock Performance

Molten Ventures VCT stock remained flat at GBX 39.50 ($0.53) during mid-day trading on Friday. The company has a fifty day simple moving average of GBX 38.25 and a two-hundred day simple moving average of GBX 39.22. Molten Ventures VCT plc has a twelve month low of GBX 20 ($0.27) and a twelve month high of GBX 45 ($0.60). The firm has a market capitalization of £104.83 million, a P/E ratio of -12.32 and a beta of 0.10.

Molten Ventures VCT Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 27th. Molten Ventures VCT's dividend payout ratio is presently -62.36%.

About Molten Ventures VCT

Draper Esprit VCT plc is a venture capital fund manager. It is a Venture Capital Trust. It specializes in directly investing. It specializes in early venture, mid venture, and late venture. The fund prefers investing in growth capital. It invests in health care and software and services. The fund seeks to invest in United Kingdom.