Molten Ventures (LON:GROW) Stock Price Passes Below 50 Day Moving Average of $241.48

Molten Ventures Plc (LON:GROW)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 241.48 ($3.01) and traded as low as GBX 219 ($2.73). Molten Ventures shares last traded at GBX 219 ($2.73), with a volume of 798,070 shares changing hands.

Molten Ventures Price Performance

The firm has a market cap of £382.68 million, a price-to-earnings ratio of -212.50 and a beta of 1.27. The business’s 50-day simple moving average is GBX 241.43 and its two-hundred day simple moving average is GBX 246.71. The company has a current ratio of 4.70, a quick ratio of 4.37 and a debt-to-equity ratio of 7.94.

Insider Buying and Selling at Molten Ventures

In other news, insider Laurence Hollingworth bought 23,000 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was acquired at an average price of GBX 218 ($2.71) per share, with a total value of £50,140 ($62,417.53). In other Molten Ventures news, insider Martin Davis purchased 10,000 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of GBX 239 ($2.98) per share, for a total transaction of £23,900 ($29,752.27). Also, insider Laurence Hollingworth purchased 23,000 shares of the business’s stock in a transaction on Wednesday, February 7th. The shares were acquired at an average price of GBX 218 ($2.71) per share, for a total transaction of £50,140 ($62,417.53). Insiders own 12.33% of the company’s stock.

Molten Ventures Company Profile

Molten Ventures Plc, formerly known as Draper Esprit plc, is a private equity and venture capital firm specializing in any stage in the lifecycle of a business from seed and series A stage, growth capital to pre-IPO investments, late stage, start-ups, cross-stage investments, buyouts, PIPES, and also makes direct and secondary investments in portfolio companies.