British Smaller Companies VCT2 (LON:BSC) Trading 1.9% Higher - Here's Why

Key Points

• British Smaller Companies VCT2 shares increased by 1.9%, closing at GBX 53 ($0.71) on Wednesday, despite an unusual trading volume of only 3 shares.
• The company's market capitalization is approximately £175.33 million, with a notably high P/E ratio of 5,520.83.
• British Smaller Companies VCT2 focuses on venture capital investments in emerging growth, acquisition funding, and development funding, operating as an evergreen fund.

British Smaller Companies VCT2 (LON:BSC - ) shares traded up 1.9% during mid-day trading on Wednesday . The company traded as high as GBX 53 ($0.71) and last traded at GBX 53 ($0.71). 3 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 115,864 shares. The stock had previously closed at GBX 52 ($0.70).

British Smaller Companies VCT2 Price Performance

The company has a market capitalization of £175.33 million, a P/E ratio of 5,520.83 and a beta of -0.01. The business has a 50-day moving average of GBX 52.08 and a 200-day moving average of GBX 52.69.

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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