Baronsmead Second Venture Trust (LON:BMD) Hits New 52-Week Low - Here's What Happened

Baronsmead Second Venture Trust (LON:BMD - Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 48 ($0.64) and last traded at GBX 48 ($0.64), with a volume of 24154 shares changing hands. The stock had previously closed at GBX 51 ($0.68).

Baronsmead Second Venture Trust Trading Down 2.0 %

The company has a 50-day simple moving average of GBX 50.49 and a 200 day simple moving average of GBX 52.52. The company has a market cap of £188.00 million, a P/E ratio of 41.51 and a beta of 0.24.

Baronsmead Second Venture Trust Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 17th. Investors of record on Thursday, February 13th were paid a GBX 2.25 ($0.03) dividend. This represents a yield of 4.21%. The ex-dividend date of this dividend was Thursday, February 13th. This is an increase from Baronsmead Second Venture Trust's previous dividend of $1.75. Baronsmead Second Venture Trust's dividend payout ratio (DPR) is currently 345.90%.

Insider Buying and Selling at Baronsmead Second Venture Trust

In other news, insider Adriana Stirling purchased 18,002 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were purchased at an average price of GBX 56 ($0.74) per share, for a total transaction of £10,081.12 ($13,377.28). 0.15% of the stock is owned by corporate insiders.

About Baronsmead Second Venture Trust

Baronsmead Second Venture Trust plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom. The trust primarily invests in the media, business services, consumer, information technology support services, technology-enabled companies, and healthcare sectors.