Molten Ventures (LON:GROW) Trading Down 0.2% – Here’s What Happened

Shares of Molten Ventures Plc (LON:GROW) were down 0.2% on Monday . The company traded as low as GBX 324.50 ($4.11) and last traded at GBX 328.50 ($4.16). Approximately 173,504 shares changed hands during trading, a decline of 78% from the average daily volume of 787,848 shares. The stock had previously closed at GBX 329 ($4.17).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 580 ($7.35) price objective on shares of Molten Ventures in a research note on Thursday, August 22nd.

Molten Ventures Trading Down 0.2 %

The company has a current ratio of 6.44, a quick ratio of 4.37 and a debt-to-equity ratio of 7.15. The stock has a market cap of £608.94 million, a P/E ratio of -1,564.29 and a beta of 1.25. The business’s fifty day simple moving average is GBX 386.19 and its 200 day simple moving average is GBX 370.24.

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.