Molten Ventures Plc (LON:GROW - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The company traded as high as GBX 425.58 ($5.67) and last traded at GBX 418.40 ($5.57), with a volume of 16549 shares traded. The stock had previously closed at GBX 415.80 ($5.54).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 580 target price on shares of Molten Ventures in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Molten Ventures has an average rating of "Buy" and a consensus target price of GBX 580.
View Our Latest Report on GROW
Molten Ventures Stock Performance
The stock has a market capitalization of £725.08 million, a PE ratio of -102,900.00 and a beta of 1.25. The company has a debt-to-equity ratio of 7.15, a current ratio of 197.67 and a quick ratio of 4.37. The business's fifty day moving average price is GBX 372.18 and its 200-day moving average price is GBX 324.15.
Insider Buying and Selling
In other Molten Ventures news, insider Stuart Malcolm Chapman sold 112,931 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of GBX 371, for a total transaction of £418,974.01. Also, insider Benjamin David Wilkinson purchased 7,197 shares of Molten Ventures stock in a transaction on Wednesday, September 17th. The shares were acquired at an average price of GBX 348 per share, for a total transaction of £25,045.56. Insiders purchased 14,686 shares of company stock worth $5,110,728 over the last ninety days. 1.54% of the stock is currently owned by insiders.
About Molten Ventures
(
Get Free Report)
Molten Ventures is a leading British venture capital firm backing Europe's highest-growth private technology companies.
Our expert investment team stay ahead of the curve, identifying transformative trends and next-generation companies before they break through. We combine multiple pools of capital to invest at all stages of the business lifecycle—from seed and early stage to growth and late stage—focusing on disruptive sectors like Spacetech, Fintech, and AI.
See Also
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.
Before you consider Molten Ventures, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Molten Ventures wasn't on the list.
While Molten Ventures currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
