Baronsmead Second Venture Trust (LON:BMD) Share Price Crosses Below 200-Day Moving Average - Here's Why

Baronsmead Second Venture Trust (LON:BMD - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 52.67 ($0.70) and traded as low as GBX 48 ($0.64). Baronsmead Second Venture Trust shares last traded at GBX 48 ($0.64), with a volume of 24,154 shares changing hands.

Baronsmead Second Venture Trust Stock Down 2.0 %

The company has a 50 day moving average price of GBX 50.53 and a 200-day moving average price of GBX 52.59. The company has a market cap 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. Investors of record on Thursday, February 13th were paid a dividend of GBX 2.25 ($0.03) per share. The ex-dividend date of this dividend 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 is currently 345.90%.

Insider Buying and Selling

In related news, insider Adriana Stirling bought 18,002 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The shares were acquired at an average cost of GBX 56 ($0.74) per share, with a total value of £10,081.12 ($13,393.28). 0.15% of the stock is owned by insiders.

Baronsmead Second Venture Trust Company Profile

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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