Molten Ventures (LON:GROW) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Shares of Molten Ventures Plc (LON:GROW) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 314.90 ($3.85) and traded as low as GBX 286.50 ($3.51). Molten Ventures shares last traded at GBX 299 ($3.66), with a volume of 356,865 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 580 ($7.10) price target on shares of Molten Ventures in a research note on Wednesday, December 4th.

Molten Ventures Stock Up 1.2 %

The business’s fifty day moving average price is GBX 314.90 and its two-hundred day moving average price is GBX 362.16. The company has a debt-to-equity ratio of 7.15, a quick ratio of 4.37 and a current ratio of 6.44. The firm has a market capitalization of £560.74 million, a P/E ratio of -1,440.48 and a beta of 1.25.

Insider Buying and Selling at Molten Ventures

In other Molten Ventures news, insider Benjamin David Wilkinson purchased 13,007 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were acquired at an average price of GBX 309 ($3.78) per share, for a total transaction of £40,191.63 ($49,176.10). 8.56% of the stock is owned by insiders.

About Molten Ventures

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.