Baronsmead Second Venture Trust (LON:BMD) Stock Crosses Above 50 Day Moving Average - Here's Why

Key Points

• Baronsmead Second Venture Trust's share price rose above its 50-day moving average of GBX 51.13, trading at GBX 52 ($0.70).
• The trust reported earnings of GBX 0.22 per share for the latest quarter, with a return on equity of 1.95% and a net margin of 38.32%.
• Baronsmead invests primarily in unquoted companies in sectors like media, consumer, and healthcare, managed by ISIS Equity Partners LLP.

Baronsmead Second Venture Trust (LON:BMD - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 51.13 ($0.69) and traded as high as GBX 52 ($0.70). Baronsmead Second Venture Trust shares last traded at GBX 52 ($0.70), with a volume of 4 shares.

Baronsmead Second Venture Trust Stock Performance

The firm's 50-day moving average price is GBX 51.14 and its 200 day moving average price is GBX 50.57. The company has a market cap of £191.92 million, a price-to-earnings ratio of 42.37 and a beta of 0.24.

Baronsmead Second Venture Trust (LON:BMD - Get Free Report) last issued its quarterly earnings data 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%.

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.