Baronsmead Second Venture Trust (LON:BMD) Trading Down 2% - Here's What Happened

Key Points

• Baronsmead Second Venture Trust shares fell 2% in mid-day trading, closing at GBX 50 ($0.67), with trading volume dropping to just 5 shares compared to an average of 136,559.
• The company reported earnings of GBX 0.22 ($0.00) per share for the quarter, with a net margin of 38.32% and a return on equity of 1.95%.
• Baronsmead Second Venture Trust is managed by ISIS Equity Partners LLP and focuses its investments primarily in unquoted UK companies across various sectors, including technology and healthcare.

Baronsmead Second Venture Trust (LON:BMD - Get Free Report) was down 2% during trading on Friday . The company traded as low as GBX 50 ($0.68) and last traded at GBX 50 ($0.68). Approximately 5 shares traded hands during trading, a decline of 100% from the average daily volume of 136,559 shares. The stock had previously closed at GBX 51 ($0.69).

Baronsmead Second Venture Trust Stock Performance

The firm has a market capitalization of £203.67 million, a P/E ratio of 44.97 and a beta of 0.24. The stock has a 50-day moving average of GBX 50.77 and a 200 day moving average of GBX 50.66.

Baronsmead Second Venture Trust (LON:BMD - Get Free Report) last released its quarterly earnings results on Wednesday, June 11th. The company reported GBX 0.22 ($0.00) EPS for the quarter. Baronsmead Second Venture Trust had a return on equity of 1.95% and a net margin of 38.32%.

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.