Molten Ventures Plc (LON:GROW - Get Free Report) shares traded up 14.6% during mid-day trading on Thursday . The stock traded as high as GBX 473.20 ($6.32) and last traded at GBX 472 ($6.31). 1,410,958 shares changed hands during trading, an increase of 40% from the average session volume of 1,008,930 shares. The stock had previously closed at GBX 411.80 ($5.50).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 580 price target on shares of Molten Ventures in a research report on Thursday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of GBX 580.
Check Out Our Latest Report on GROW
Molten Ventures Stock 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 £831.48 million, a PE ratio of -1,180.00 and a beta of 1.25. The business's fifty day moving average is GBX 376.82 and its 200-day moving average is GBX 329.96.
Insiders Place Their Bets
In related news, insider Benjamin David Wilkinson acquired 7,197 shares of the firm's stock in a transaction that occurred on Wednesday, September 17th. The stock was purchased at an average cost of GBX 348 per share, with a total value of £25,045.56. Also, insider Stuart Malcolm Chapman sold 112,931 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of GBX 371, for a total value of £418,974.01. Insiders have bought a total of 14,686 shares of company stock worth $5,110,728 in the last three months. Corporate insiders own 1.54% of the company's stock.
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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