Insider Selling: Molten Ventures VCT (LON:MVCT) Insider Sells £143,939.06 in Stock

Molten Ventures VCT plc (LON:MVCT) insider Richard Marsh sold 378,787 shares of the stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of GBX 38, for a total transaction of £143,939.06.

Molten Ventures VCT Trading Up 0.3%

Shares of MVCT traded up GBX 0.10 during mid-day trading on Tuesday, reaching GBX 37.90. The company’s stock had a trading volume of 13,332,687 shares, compared to its average volume of 415,315. Molten Ventures VCT plc has a 52 week low of GBX 28 and a 52 week high of GBX 40.20. The stock has a market cap of £119.92 million, a PE ratio of 94.75 and a beta of 0.10. The company’s fifty day moving average price is GBX 38.07 and its two-hundred day moving average price is GBX 38.35.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upped their price target on shares of Molten Ventures VCT from GBX 645 to GBX 790 and gave the company a “buy” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 790.

Molten Ventures VCT Company Profile

Draper Esprit VCT plc is a venture capital fund manager. It is a Venture Capital Trust. It specializes in directly investing. It specializes in early venture, mid venture, and late venture. The fund prefers investing in growth capital. It invests in health care and software and services. The fund seeks to invest in United Kingdom.