Molten Ventures (LON:GROW) Trading 14.6% Higher - Here's Why

Key Points

• Molten Ventures Plc experienced a significant stock increase of 14.6%, closing at GBX 472 ($6.29) after reaching a peak of GBX 473.20 ($6.31).
• Analysts from Berenberg Bank reiterated a "buy" rating for the stock and have set a target price of GBX 580, with a consensus rating of "Buy" from multiple analysts.
• Recent insider transactions included 7,197 shares purchased by Benjamin David Wilkinson and 112,931 shares sold by Stuart Malcolm Chapman, indicating continued insider activity in the company.

Molten Ventures Plc (LON:GROW - Get Free Report) traded up 14.6% on Friday . The stock traded as high as GBX 473.20 ($6.31) and last traded at GBX 472 ($6.29). 1,867,496 shares traded hands during trading, an increase of 85% from the average session volume of 1,011,146 shares. The stock had previously closed at GBX 411.80 ($5.49).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 580 target price on shares of Molten Ventures in a research report on Thursday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Molten Ventures currently has a consensus rating of "Buy" and a consensus price target of GBX 580.

Molten Ventures Trading Up 0.8%

The business has a fifty day moving average price of GBX 378.83 and a 200 day moving average price of GBX 331.64. The company has a market capitalization of £838.25 million, a PE ratio of -1,189.60 and a beta of 1.25. The company has a debt-to-equity ratio of 7.15, a quick ratio of 4.37 and a current ratio of 197.67.

Insider Transactions at Molten Ventures

In other news, insider Benjamin David Wilkinson acquired 7,197 shares of the business's stock in a transaction dated Wednesday, September 17th. The shares were bought at an average cost of GBX 348 per share, for a total transaction of £25,045.56. Also, insider Stuart Malcolm Chapman sold 112,931 shares of the firm'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. Over the last 90 days, insiders bought 14,686 shares of company stock worth $5,110,728. Company insiders own 1.54% of the company's stock.

About Molten Ventures

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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