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Molten Ventures (LON:GROW) Trading 5% Higher - Here's What Happened

Molten Ventures logo with Financial Services background

Molten Ventures Plc (LON:GROW - Get Free Report)'s stock price rose 5% during trading on Friday . The company traded as high as GBX 334.60 ($4.59) and last traded at GBX 333.40 ($4.58). Approximately 848,611 shares were traded during trading, a decline of 26% from the average daily volume of 1,150,824 shares. The stock had previously closed at GBX 317.60 ($4.36).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 580 ($7.96) target price on shares of Molten Ventures in a research report on Thursday, April 24th.

Check Out Our Latest Stock Report on GROW

Molten Ventures Trading Down 4.1%

The firm has a market capitalization of £594.80 million, a PE ratio of -17.87 and a beta of 1.25. The stock's 50-day moving average price is GBX 294.59 and its 200 day moving average price is GBX 293.74. The company has a debt-to-equity ratio of 7.15, a current ratio of 197.67 and a quick ratio of 4.37.

Molten Ventures Company Profile

(Get Free Report)

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.

See Also

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