Baronsmead Second Venture Trust (LON:BMD) Shares Pass Above 50-Day Moving Average - What's Next?

Baronsmead Second Venture Trust (LON:BMD - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 50.67 ($0.67) and traded as high as GBX 51 ($0.68). Baronsmead Second Venture Trust shares last traded at GBX 50 ($0.66), with a volume of 1 shares traded.

Baronsmead Second Venture Trust Price Performance

The company has a market cap of £199.75 million, a price-to-earnings ratio of 44.10 and a beta of 0.24. The stock has a 50-day moving average price of GBX 50.63 and a 200 day moving average price of GBX 52.73.

Baronsmead Second Venture Trust Increases Dividend

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

Insider Transactions at Baronsmead Second Venture Trust

In other news, insider Adriana Stirling acquired 18,002 shares of Baronsmead Second Venture Trust stock in a transaction dated Thursday, February 20th. The stock was bought at an average cost of GBX 56 ($0.74) per share, with a total value of £10,081.12 ($13,407.53). 0.15% of the stock is owned by 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.