British Smaller Companies VCT2 (LON:BSC) Trading Down 2.8% - Here's What Happened

Key Points

• British Smaller Companies VCT2 shares fell 2.8%, trading at GBX 51.50 ($0.69) after closing at GBX 53 ($0.71) the previous day.
• Trading volume surged to approximately 2.83 million shares, a significant increase of 2,050% from the average daily volume of 131,589 shares.
• The company's market capitalization is £170.37 million, and it has a notably high price-to-earnings ratio of 5,364.58.

British Smaller Companies VCT2 (LON:BSC - )'s share price dropped 2.8% during trading on Wednesday . The stock traded as low as GBX 51.50 ($0.69) and last traded at GBX 51.50 ($0.69). Approximately 2,828,513 shares were traded during trading, an increase of 2,050% from the average daily volume of 131,589 shares. The stock had previously closed at GBX 53 ($0.71).

British Smaller Companies VCT2 Price Performance

The stock has a market capitalization of £170.37 million, a price-to-earnings ratio of 5,364.58 and a beta of -0.01. The firm has a fifty day moving average of GBX 52.38 and a 200 day moving average of GBX 52.67.

About British Smaller Companies VCT2

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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