Molten Ventures Plc (LON:GROW - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 371.87 ($4.73) and traded as low as GBX 311.35 ($3.96). Molten Ventures shares last traded at GBX 315.50 ($4.01), with a volume of 527,591 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 580 ($7.37) price objective on shares of Molten Ventures in a research report on Wednesday, December 4th.
Read Our Latest Stock Analysis on GROW
Molten Ventures Trading Up 0.3 %
The company has a market cap of £586.70 million, a price-to-earnings ratio of -1,506.29 and a beta of 1.25. The company has a current ratio of 6.44, a quick ratio of 4.37 and a debt-to-equity ratio of 7.15. The business's 50 day moving average price is GBX 350.26 and its 200-day moving average price is GBX 371.79.
Insider Activity at Molten Ventures
In other Molten Ventures news, insider Benjamin David Wilkinson purchased 13,007 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was bought at an average cost of GBX 309 ($3.93) per share, for a total transaction of £40,191.63 ($51,095.39). 8.56% of the stock is currently owned by corporate insiders.
Molten Ventures Company Profile
(
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Molten Ventures Plc, formerly known as Draper Esprit plc, is a private equity and venture capital firm specializing in any stage in the lifecycle of a business from seed and series A stage, growth capital to pre-IPO investments, late stage, start-ups, cross-stage investments, buyouts, PIPES, and also makes direct and secondary investments in portfolio companies.
Further Reading
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