Molten Ventures (LON:GROW) Trading 14.6% Higher - Still a Buy?

Key Points

• Molten Ventures shares surged 14.6% on Thursday, trading at GBX 472 ($6.31), with volume significantly higher than the average.
• Analysts at Berenberg Bank maintain a "buy" rating for Molten Ventures, setting a price target of GBX 580, amid a consensus rating of "Buy."
• Insider transactions include purchases by Benjamin David Wilkinson and a notable sale by Stuart Malcolm Chapman, indicating active management engagement with the stock.

Molten Ventures Plc (LON:GROW - Get Free Report)'s stock price traded up 14.6% on Thursday . The company traded as high as GBX 473.20 ($6.31) and last traded at GBX 472 ($6.29). 1,867,496 shares traded hands during mid-day 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).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 580 price objective on shares of Molten Ventures in a research report on Thursday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Molten Ventures has a consensus rating of "Buy" and an average target price of GBX 580.

Molten Ventures Stock Up 14.6%

The company has a market capitalization of £831.48 million, a PE ratio of -1,180.00 and a beta of 1.25. The firm's 50-day simple moving average is GBX 378.83 and its 200 day simple moving average is GBX 331.64. 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 Buying and Selling at Molten Ventures

In other news, insider Stuart Malcolm Chapman sold 112,931 shares of Molten Ventures stock in a transaction on Friday, August 22nd. The stock was 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 the business's stock in a transaction dated Wednesday, September 17th. The shares were purchased at an average cost of GBX 348 per share, with a total value of £25,045.56. Insiders have acquired a total of 14,686 shares of company stock worth $5,110,728 over the last 90 days. Insiders own 1.54% of the company's stock.

Molten Ventures Company Profile

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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