British Smaller Companies VCT2 (LON:BSC) Stock Price Down 2% - Here's Why

Key Points

• Shares of British Smaller Companies VCT2 have declined by 2%, trading at GBX 50 ($0.67), significantly lower than the average daily volume.
• The company has a market cap of £164.63 million and an extraordinarily high price-to-earnings ratio of 2,958.58.
• As a venture capital trust, British Smaller Companies VCT2 focuses on emerging growth and development funding in both qualifying and non-qualifying securities.

Shares of British Smaller Companies VCT2 (LON:BSC - ) were down 2% on Wednesday . The company traded as low as GBX 50 ($0.67) and last traded at GBX 50 ($0.67). Approximately 54 shares traded hands during trading, a decline of 100% from the average daily volume of 105,352 shares. The stock had previously closed at GBX 51 ($0.68).

British Smaller Companies VCT2 Price Performance

The company's 50 day moving average is GBX 52.19 and its 200 day moving average is GBX 52.46. The stock has a market cap of £164.63 million, a price-to-earnings ratio of 2,958.58 and a beta of -0.01.

British Smaller Companies VCT2 Company Profile

British Smaller Companies VCT 2 plc is a venture capital trust specializing in emerging growth, growth capital, acquisition funding, and development funding. It is an evergreen fund. The fund invests in a range of securities which may include ordinary and preference shares and fixed income securities, such as corporate bonds and gilts in VCT qualifying and non-qualifying securities.

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