Molten Ventures Plc (LON:GROW - Get Free Report)'s stock price rose 1.5% during trading on Thursday . The stock traded as high as GBX 410.20 ($5.46) and last traded at GBX 408.80 ($5.44). Approximately 342,711 shares traded hands during trading, a decline of 65% from the average daily volume of 992,492 shares. The stock had previously closed at GBX 402.60 ($5.35).
Wall Street Analyst Weigh In
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 investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 580.
Check Out Our Latest Stock Report on GROW
Molten Ventures Stock Up 1.5%
The business's fifty day moving average price is GBX 369.15 and its 200 day moving average price is GBX 321.20. The firm has a market capitalization of £720.15 million, a price-to-earnings ratio of -102,200.00 and a beta of 1.25. The company has a current ratio of 197.67, a quick ratio of 4.37 and a debt-to-equity ratio of 7.15.
Insiders Place Their Bets
In related news, insider Stuart Malcolm Chapman sold 112,931 shares of the business's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of GBX 371, for a total value of £418,974.01. Also, insider Benjamin David Wilkinson purchased 7,197 shares of the company's stock in a transaction that occurred on Wednesday, September 17th. The stock was bought at an average price of GBX 348 per share, for a total transaction of £25,045.56. Over the last 90 days, insiders acquired 14,686 shares of company stock worth $5,110,728. 1.54% of the stock is currently owned by company 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.
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