British Smaller Companies VCT (LON:BSV) Trading 2.1% Higher – Here’s Why

British Smaller Companies VCT (LON:BSV) traded up 2.1% during mid-day trading on Tuesday . The stock traded as high as GBX 74 and last traded at GBX 74. Approximately 3,273,431 shares were traded during mid-day trading, an increase of 2,090% from the average daily volume of 149,487 shares. The stock had previously closed at GBX 72.50.

British Smaller Companies VCT Stock Performance

The firm has a market cap of £309.02 million, a P/E ratio of 284.62 and a beta of 0.05. The stock’s 50 day simple moving average is GBX 71.96 and its 200 day simple moving average is GBX 73.44.

British Smaller Companies VCT (LON:BSV) last released its quarterly earnings data on Wednesday, June 17th. The company reported GBX 0.68 earnings per share for the quarter. British Smaller Companies VCT had a net margin of 84.75% and a return on equity of 1.91%. The firm had revenue of GBX 492 million for the quarter.

About British Smaller Companies VCT

British Smaller Companies VCT plc is a venture capital trust specializing in investments in early stage, mid and late venture, later stage, recapitalizations, growing capital-consuming businesses, acquisition funding and business development in mature, VCT qualifying and non-qualifying unquoted and quoted companies listed on alternative investment market and ISDX. It is an evergreen fund. It seeks to invest in firms that have business services, manufacturing, industrial, healthcare, software, Information Technology, telecommunications, retail and brands.