British Smaller Companies VCT2 (LON:BSC) Trading 1.9% Higher - Still a Buy?

Key Points

• British Smaller Companies VCT2 (LON:BSC) shares increased by 1.9%, with the last trading price standing at GBX 53 ($0.72).
• The stock experienced a significant drop in trading volume, with only 1,465 shares changing hands, compared to an average of 126,142 shares.
• The company, which specializes in venture capital, has a market cap of £158.56 million and a P/E ratio of 23.35.

British Smaller Companies VCT2 (LON:BSC - ) shares traded up 1.9% during mid-day trading on Wednesday . The stock traded as high as GBX 53 ($0.72) and last traded at GBX 53 ($0.72). 1,465 shares changed hands during trading, a decline of 99% from the average session volume of 126,142 shares. The stock had previously closed at GBX 52 ($0.71).

British Smaller Companies VCT2 Trading Up 1.9%

The firm has a 50 day moving average of GBX 52.06 and a 200-day moving average of GBX 52.72. The company has a market cap of £158.56 million, a P/E ratio of 23.35 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.