Blackfinch Spring VCT (LON:BFSP) Sets New 12-Month Low - Here's What Happened

Key Points

• New 52-week low: Blackfinch Spring VCT shares fell to GBX 86.50 on Monday (last trade GBX 86.50), down about 2.3% from the prior close, with only 1 share reported traded.
• Valuation and technicals: The company has a market cap of £64.09 million and a P/E of 43.69, and the stock is trading below both its 50‑day (GBX 90.52) and 200‑day (GBX 91.43) moving averages.
• Business focus: Blackfinch Spring VCT is a venture capital trust (incorporated 2019) that invests in UK growth‑ and early‑stage, technology‑enabled companies and makes follow‑on co‑investments.

Shares of Blackfinch Spring VCT PLC (LON:BFSP - ) hit a new 52-week low on Monday . The company traded as low as GBX 86.50 and last traded at GBX 86.50, with a volume of 1 shares changing hands. The stock had previously closed at GBX 88.50.

Blackfinch Spring VCT Trading Down 2.3%

The company has a market cap of £64.09 million and a P/E ratio of 43.69. The company has a 50 day moving average price of GBX 90.52 and a 200-day moving average price of GBX 91.43.

About Blackfinch Spring VCT

Blackfinch Spring VCT PLC a venture capital firm specializing in growth stage and early stage investments. It also makes follow-on co-investments. It seeks to invest in technology-enabled companies with a focus on research and development and innovation. It prefers to invest in United Kingdom. The company was incorporated in 2019 and is based in Gloucester, the United Kingdom.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.