Molten Ventures Plc (LON:GROW - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 314.90 ($3.85) and traded as low as GBX 286.50 ($3.51). Molten Ventures shares last traded at GBX 299 ($3.66), with a volume of 356,865 shares changing hands.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a "buy" rating and set a GBX 580 ($7.10) target price on shares of Molten Ventures in a report on Wednesday, December 4th.
Check Out Our Latest Stock Analysis on GROW
Molten Ventures Price Performance
The company has a market cap of £548.70 million, a P/E ratio of -1,409.52 and a beta of 1.25. The company has a debt-to-equity ratio of 7.15, a quick ratio of 4.37 and a current ratio of 6.44. The company has a fifty day moving average price of GBX 314.90 and a two-hundred day moving average price of GBX 362.16.
Insiders Place Their Bets
In other Molten Ventures news, insider Benjamin David Wilkinson purchased 13,007 shares of the business's stock in a transaction on Wednesday, November 20th. The stock was acquired at an average price of GBX 309 ($3.78) per share, with a total value of £40,191.63 ($49,176.10). Insiders own 8.56% of the company's stock.
About Molten Ventures
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Molten Ventures is one of the most active venture capital firms in Europe, developing and investing in disruptive, high growth technology companies. We believe it is our role to support the visionary entrepreneurs who will invent the future. We fuel their growth with our ‘energy' in the form of truly patient capital, access to international networks and decades of experience building businesses.
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