British Smaller Companies VCT2 (LON:BSC) Stock Price Down 1.9% - Time to Sell?

British Smaller Companies VCT2 (LON:BSC - Get Free Report) shares were down 1.9% on Friday . The stock traded as low as GBX 52.50 ($0.68) and last traded at GBX 52.50 ($0.68). Approximately 39,234 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 55,311 shares. The stock had previously closed at GBX 53.50 ($0.69).

British Smaller Companies VCT2 Price Performance

The business has a 50-day simple moving average of GBX 54.15 and a 200-day simple moving average of GBX 55.09. The stock has a market cap of £122.29 million, a P/E ratio of 1,783.33 and a beta of -0.01.

British Smaller Companies VCT2 Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 3rd were issued a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 2.73%. The ex-dividend date of this dividend was Thursday, October 3rd. British Smaller Companies VCT2's dividend 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.