Pembroke VCT B (LON:PEMB) Sets New 12-Month Low – Should You Sell?

Pembroke VCT B (LON:PEMBGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 93.50 ($1.21) and last traded at GBX 96.50 ($1.25), with a volume of 5300 shares trading hands. The stock had previously closed at GBX 95 ($1.23).

Pembroke VCT B Trading Up 1.6 %

The stock has a market cap of £220.11 million, a price-to-earnings ratio of -33.32 and a beta of -0.05. The company has a 50 day simple moving average of GBX 95.52 and a 200-day simple moving average of GBX 95.78.

Pembroke VCT B Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Thursday, April 24th will be issued a GBX 2 ($0.03) dividend. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 2.11%. Pembroke VCT B’s payout ratio is -172.64%.

About Pembroke VCT B

(Get Free Report)

Established in 2013 and managed by Pembroke Investment Managers LLP, Pembroke VCT plc is a venture capital trust focused on growth stage companies in the design, education, food, beverage and hospitality, wellness, digital services and media sectors. The investment team aims to find exceptional and innovative founders to grow the brands of tomorrow, giving investors the opportunity to share in the growth of some of Britain’s most exciting and entrepreneurial smaller companies.

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