Molten Ventures Plc (LON:GROW - Get Free Report) traded up 8.2% during mid-day trading on Friday . The stock traded as high as GBX 366.20 ($4.87) and last traded at GBX 354.80 ($4.72). 2,316,060 shares traded hands during mid-day trading, an increase of 120% from the average session volume of 1,051,408 shares. The stock had previously closed at GBX 327.80 ($4.36).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 580 ($7.71) target price on shares of Molten Ventures in a research report on Wednesday, July 30th.
Read Our Latest Stock Analysis on GROW
Molten Ventures Price Performance
The company has a quick ratio of 4.37, a current ratio of 197.67 and a debt-to-equity ratio of 7.15. The company has a market cap of £677.43 million, a PE ratio of -20.36 and a beta of 1.25. The business's 50 day moving average price is GBX 320.65 and its 200-day moving average price is GBX 298.84.
About Molten Ventures
(
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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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