Baronsmead Second Venture Trust (LON:BMD) Reaches New 12-Month Low - Here's What Happened

Baronsmead Second Venture Trust (LON:BMD - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 48 ($0.64) and last traded at GBX 48 ($0.64), with a volume of 24154 shares traded. The stock had previously closed at GBX 51 ($0.69).

Baronsmead Second Venture Trust Price Performance

The company has a 50-day simple moving average of GBX 50.65 and a two-hundred day simple moving average of GBX 52.71. The stock has a market capitalization of £188.00 million, a price-to-earnings ratio of 41.51 and a beta of 0.24.

Baronsmead Second Venture Trust Increases Dividend

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

Insider Activity

In other Baronsmead Second Venture Trust news, insider Adriana Stirling purchased 18,002 shares of the stock in a transaction dated Thursday, February 20th. The shares were bought at an average cost of GBX 56 ($0.75) per share, with a total value of £10,081.12 ($13,544.43). Corporate insiders own 0.15% of the company's stock.

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.

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