Baronsmead Second Venture Trust (LON:BMD) Share Price Crosses Below 50 Day Moving Average - Here's Why

Key Points

• Baronsmead Second Venture Trust's share price has fallen below its 50-day moving average of GBX 51.10, trading as low as GBX 51 ($0.69).
• The trust posted a net margin of 38.32% with a return on equity of 1.95%, as per its latest quarterly earnings report.
• Managed by ISIS Equity Partners LLP, the trust focuses on investing in unquoted companies within sectors like media, technology, and healthcare in the UK.

Baronsmead Second Venture Trust (LON:BMD - Get Free Report)'s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 51.10 ($0.69) and traded as low as GBX 51 ($0.69). Baronsmead Second Venture Trust shares last traded at GBX 52 ($0.70), with a volume of 9 shares trading hands.

Baronsmead Second Venture Trust Price Performance

The stock's 50-day moving average price is GBX 51.05 and its 200-day moving average price is GBX 50.46. The company has a market cap of £203.54 million, a P/E ratio of -1,937.50 and a beta of 0.24.

Baronsmead Second Venture Trust (LON:BMD - Get Free Report) last announced its earnings results on Wednesday, June 11th. The company reported GBX 0.22 earnings per share (EPS) for the quarter. Baronsmead Second Venture Trust had a net margin of 38.32% and a return on equity of 1.95%.

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.