Molten Ventures (LON:GROW) Sets New 12-Month High – Still a Buy?

Molten Ventures Plc (LON:GROW) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 440.80 ($5.89) and last traded at GBX 428.40 ($5.72), with a volume of 448731 shares traded. The stock had previously closed at GBX 411.80 ($5.50).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 580 target price on shares of Molten Ventures in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Molten Ventures currently has a consensus rating of “Buy” and an average price target of GBX 580.

Molten Ventures Stock Performance

The firm’s 50-day moving average price is GBX 376.82 and its 200 day moving average price is GBX 329.96. The company has a debt-to-equity ratio of 7.15, a quick ratio of 4.37 and a current ratio of 197.67. The company has a market cap of £809.29 million, a price-to-earnings ratio of -1,148.50 and a beta of 1.25.

Insider Activity at Molten Ventures

In related news, insider Stuart Malcolm Chapman sold 112,931 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of GBX 371, for a total value of £418,974.01. Also, insider Benjamin David Wilkinson purchased 7,197 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The stock was purchased at an average price of GBX 348 per share, for a total transaction of £25,045.56. In the last quarter, insiders have bought 14,686 shares of company stock valued at $5,110,728. 1.54% of the stock is owned by corporate insiders.

Molten Ventures Company Profile

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.