Insider Buying: Molten Ventures Plc (LON:GROW) Insider Acquires 16,258 Shares of Stock

Molten Ventures Plc (LON:GROW) insider Benjamin David Wilkinson bought 16,258 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was purchased at an average cost of GBX 306 ($3.94) per share, with a total value of £49,749.48 ($64,126.68).

Molten Ventures Stock Up 0.2 %

LON:GROW opened at GBX 285.50 ($3.68) on Thursday. The company has a debt-to-equity ratio of 7.15, a current ratio of 197.67 and a quick ratio of 4.37. The firm’s 50-day moving average price is GBX 310.11 and its 200-day moving average price is GBX 350. The company has a market capitalization of £531.34 million, a PE ratio of -15.97 and a beta of 1.25. Molten Ventures Plc has a 1-year low of GBX 214.50 ($2.76) and a 1-year high of GBX 432.50 ($5.57).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 580 ($7.48) price target on shares of Molten Ventures in a research note on Wednesday, December 4th.

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.