Berenberg Bank Reiterates Buy Rating for Molten Ventures (LON:GROW)

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Molten Ventures (LON:GROW - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Berenberg Bank in a research report issued on Wednesday, Marketbeat.com reports. They presently have a GBX 580 ($7.71) price target on the stock. Berenberg Bank's price target suggests a potential upside of 61.60% from the company's current price.

Molten Ventures Price Performance

Shares of GROW traded up GBX 4.36 ($0.06) during mid-day trading on Wednesday, reaching GBX 358.90 ($4.77). The stock had a trading volume of 375,751 shares, compared to its average volume of 1,046,361. The firm has a market cap of £667.94 million, a price-to-earnings ratio of -20.07 and a beta of 1.25. Molten Ventures has a 12 month low of GBX 215.60 ($2.87) and a 12 month high of GBX 432.50 ($5.75). The business has a fifty day moving average of GBX 320.65 and a 200 day moving average of GBX 298.84. The company has a debt-to-equity ratio of 7.15, a quick ratio of 4.37 and a current ratio of 197.67.

Molten Ventures Company Profile

Molten Ventures is a leading British venture capital firm backing Europe's highest-growth private technology companies. Our expert investment team stay ahead of the curve, identifying transformative trends and next-generation companies before they break through. We combine multiple pools of capital to invest at all stages of the business lifecycle—from seed and early stage to growth and late stage—focusing on disruptive sectors like Spacetech, Fintech, and AI.