Baronsmead Second Venture Trust (LON:BMD) Hits New 52-Week Low – Here’s What Happened

Shares of Baronsmead Second Venture Trust (LON:BMD) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 50 ($0.65) and last traded at GBX 50 ($0.65), with a volume of 1690 shares trading hands. The stock had previously closed at GBX 51 ($0.66).

Baronsmead Second Venture Trust Stock Down 2.0 %

The firm has a market cap of £195.84 million, a price-to-earnings ratio of 43.24 and a beta of 0.24. The stock has a 50 day moving average of GBX 51.84 and a 200 day moving average of GBX 53.89.

Baronsmead Second Venture Trust (LON:BMD) last issued its earnings results on Tuesday, December 24th. The company reported GBX 0.48 ($0.01) EPS for the quarter. Baronsmead Second Venture Trust had a return on equity of 1.95% and a net margin of 38.32%.

Baronsmead Second Venture Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 17th. Shareholders of record on Thursday, February 13th will be paid a dividend of GBX 2.25 ($0.03) per share. This is an increase from Baronsmead Second Venture Trust’s previous dividend of $1.75. The ex-dividend date is Thursday, February 13th. This represents a yield of 4.21%. Baronsmead Second Venture Trust’s payout ratio is presently 345.90%.

Insiders Place Their Bets

In other news, insider Adriana Stirling purchased 18,002 shares of Baronsmead Second Venture Trust stock in a transaction dated Thursday, February 20th. The shares were bought at an average cost of GBX 56 ($0.73) per share, for a total transaction of £10,081.12 ($13,058.45). Insiders own 0.15% of the company’s stock.

About Baronsmead Second Venture Trust

Baronsmead Second Venture Trust plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom. The trust primarily invests in the media, business services, consumer, information technology support services, technology-enabled companies, and healthcare sectors.