Molten Ventures Plc (LON:GROW - Get Free Report) shot up 5.6% during mid-day trading on Friday . The stock traded as high as GBX 312 ($4.22) and last traded at GBX 310.60 ($4.20). 743,036 shares traded hands during trading, a decline of 38% from the average session volume of 1,193,818 shares. The stock had previously closed at GBX 294.20 ($3.98).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 580 ($7.85) price objective on shares of Molten Ventures in a research note on Thursday, April 24th.
Check Out Our Latest Analysis on Molten Ventures
Molten Ventures Stock Up 5.6%
The company has a current ratio of 197.67, a quick ratio of 4.37 and a debt-to-equity ratio of 7.15. The stock has a 50 day simple moving average of GBX 274.99 and a 200 day simple moving average of GBX 295.37. The firm has a market capitalization of £578.05 million, a PE ratio of -17.37 and a beta of 1.25.
Insider Transactions at Molten Ventures
In other Molten Ventures news, insider Andrew Zimmermann purchased 1,739 shares of Molten Ventures stock in a transaction that occurred on Wednesday, March 26th. The shares were bought at an average price of GBX 286 ($3.87) per share, for a total transaction of £4,973.54 ($6,728.27). Company insiders own 8.56% of the company's stock.
Molten Ventures Company Profile
(
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Molten Ventures is one of the most active venture capital firms in Europe, developing and investing in disruptive, high growth technology companies. We believe it is our role to support the visionary entrepreneurs who will invent the future. We fuel their growth with our ‘energy' in the form of truly patient capital, access to international networks and decades of experience building businesses.
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